E-commerce sales tax ruling: a boon to brick and mortar retail?
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The highest court in the U.S. has leveled the playing field for e-commerce companies and retail landlords snared in a tug-of-war for consumers.
The Supreme Court ruled last week that state governments have the authority to collect billions of dollars in new sales tax from online retailers… Read More
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Categories: Americas Retail, Logistics / E-Commerce, Retailers and tagged E-commerce, JLL Retail, JLLRETAIL, tax ruling.
Instant gratification keeps getting more instant in the shopping world. In the race to keep up with e-commerce players, retail giants Macy’s and Bloomingdale’s will this fall launch same-day delivery services in 50 of their stores – across eight Macy’s markets and four of Bloomingdale’s.
JLL’s inaugural Big Box Velocity Index says, that demand for U.S. industrial distribution centers larger than 300,000 square feet is high and rising. Improving economic conditions, the continuing growth of e-commerce and a deep bench of tenants seeking space has created a highly competitive fight for industrial and warehousing space. As a result,…