Amazon To Spend $4B Tripling Facilities In Smaller U.S. Towns

Amazon is back in spending mode, preparing to deploy $4B to expand its delivery network throughout rural areas of the country by the end of next year.

The e-commerce titan plans to triple its network of rural distribution hubs to help deliver another 1 billion packages annually across 13,000 ZIP codes, CoStar News reported.

“[Amazon will] build out our same-day delivery sites and add additional robotics and automation throughout our buildings,” Amazon CEO Andy Jassy said during the company’s Thursday earnings call. “You`ll also see us expand the number of delivery stations that we have in rural areas of the U.S. So, we can get items to people who live in less densely populated areas much more quickly.”

The $4B investment is expected to be disbursed through 2026, the company said...

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RSK: Do not be mistaken. These distribution centers are close to metro areas and are a boost to the small communities. Good example is the Cottage Grove Center which is a few miles from metro Madison.

Ken Notes: I still believe that Kohls may still be in play. They have the stores and a distribution network and could be purchased outright for around 4 billion.