The Amazon effect is back in full swing this week. After Jeff Bezos was announced as the richest man in the world earlier this week, things are again on the upswing for Amazon.
Amazon Checking could be the new craze: “Love online shopping but don’t have a bank account? Amazon hopes it can fix the problem. The e-tailing giant is in talks with banks to create a financial product akin to a checking account to serve its customers, according to the Wall Street Journal. Doing so would give data-hungry Amazon access to new information about people’s shopping habits and enable the company to cut fees it currently pays to banks and payments processors that handle credit and debit cards transactions.”
MARKETS Next Up for Amazon: Checking Accounts
Amazon may be looking at creating its own checking accounts
The Amazon Effect: What Would Happen to Apartment Rents if Your City is Picked for HQ2?
The evidence is piling up that Amazon will choose Washington, DC, for its HQ2
Below are a few articles that I found interesting this week both locally and on a national scale:
Commercial Real Estate Development Is More Important To Texas Than Any Other State
Report: Foot Locker to close more than 100 stores
2017 Deliveries Total A Jaw-Dropping 8M SF
Construction starts on Deep Ellum apartment tower on the edge of downtown Dallas
D-FW topped Texas in home sales in 2017 with almost a third of the state’s buys
Frisco’s Wade Park project dodges Tuesday foreclosure sale
Atlanta developer will build $350 million Carrollton mixed-use transit project
Libitzky Property Cos. And Sunwest Real Estate Group Bought 200K SF Of Office Space In Plano
Malls and the future of American retail
Abercrombie & Fitch to close 60 more stores
Nordstrom rejects initial takeover offer from Nordstrom family for $50 per share
After A Promising Year, Can J.C. Penney Meet Expectations In 2018?
Walmart pushes its meal-kit business with plans to roll out to 2,000 stores this year
What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.
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Tim Lepore 