[ News ]

[ Warehouses Transform N.Y.C. Neighborhoods as E-Commerce Booms ]

The region is home to the largest concentration of online shoppers in the country. The facilities, key to delivering packages on time, are reshaping neighborhoods.

An e-commerce boom turbocharged by the pandemic is turning the New York City region into a national warehouse capital.

In just two years, Amazon has acquired more than 50 warehouses across the city and its surrounding suburbs. UPS is building a logistics facility larger than Madison Square Garden on the New Jersey waterfront...

Posted: 03/17/22 [ Read More... ]

[ Direct-to-consumer companies hit severely in US ]

Brands like Warby Parker, Stitch Fix, FIGS Inc, and Allbirds Inc. Launched a new type of retail by selling "direct to consumer" – on the internet — rather than through traditional retailers. These companies' values rose well into the billions, riding on the promise of little overhead, no intermediaries, and a limitless pool of clients. They appeared to be invincible. Today, however, they're tumbling hard and there's no sign of a bottom in sight. DTC companies are being hit hard by...

Posted: [ Read More... ]

[ Programmed to win: 10 cities where tech strength defies the pandemic ]

Timothy Tannert grew up in Akron, Ohio. Chris Anderson made his start in southern California. Now they’ve come together to lead Innotescus, a tech startup that is redefining video’s role in artificial intelligence. And you won’t find them in their old home towns anymore. Instead, they have set up shop in Pittsburgh. Never mind the Pennsylvania city’s long-ago legacy as a steel town. Today, Pittsburgh is rich with expertise in fields such as robotics,...

Posted: 06/25/21 [ Read More... ]

[ DTC sees renewed investments after pre-covid skepticism ]