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Elliott sees opportunities to create value at warehouse REIT Rexford Industrial

Timon Schneider | SOPA Images | Lightrocket | Getty Images Company: Rexford Industrial Realty (REXR) Business: Rexford Industrial Realty is a self-administered and self-managed full-service real estate investment trust (REIT). The company is focused on owning, operating and acquiring industrial properties in Southern California infill markets. It acquires, owns, improves, redevelops, leases and manages industrial … Read more

How Walmart, Amazon, and other retail giants are using AI to reinvent the supply chain—from warehouse to checkout

When a shopper grabs a last-minute bottle of sunscreen at a Walmart self-checkout or receives a same-day delivery from Amazon, they’re tapping into a fast, AI-powered supply chain—built to move goods quickly, cut down on waste, and keep shelves stocked. The goal is simple: Get the right product to the right customer, as efficiently as … Read more

Amazon warehouse workers lose jobs after Trump immigration crackdown

A worker prepares orders at an Amazon.com Inc. fulfillment center. Jason Alden | Bloomberg | Getty Images Daphnee Poteau, a Haitian who came to the U.S in 2023, began working for Amazon last year at a returns center in Indianapolis. While packing up boxes, she met her husband Kristopher Vincent, who’s been at the site, known as … Read more

G4S sued by warehouse operator over Charlotte Tilbury heist

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Criminals stole hundreds of thousands of Charlotte Tilbury health and beauty products from a warehouse guarded by G4S, after access codes were left in the reception area and in a rucksack, according to a lawsuit … Read more

Amazon debuts a warehouse robot with a sense of ‘touch’

Amazon says that it has developed a new warehouse robot, Vulcan, that can “feel” some of the items it touches. The two-armed Vulcan, which can maneuver goods inside the storage compartments Amazon has in its warehouses, uses force sensors to help it know when it makes contact with an object. One arm rearranges items in a … Read more

Brightpick’s new warehouse robot can reach 20-foot-high shelves

Brightpick, a maker of autonomous mobile robots, on Tuesday announced a lofty addition to its current line. The appropriately named Giraffe system is notable for its large, retractable platform capable of reaching up to 20 feet (6 meters) in height to pick items from warehouse shelves. It’s a novel approach to warehouses with ceilings well … Read more

Amazon to face legal action after Quebec warehouse closures

An Amazon warehouse and distribution centre in an industrial park in Montreal, Quebec, Canada, on Thursday, Sept. 1, 2022.  Graham Hughes | Bloomberg | Getty Images Amazon is set to face legal action from a Canadian union after the company’s decision to wind down warehouse operations in Quebec. The Federation of National Trade Unions, known … Read more

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