Amazon is E-Commerce Leader in Competitive Landscape

Attendance is building for two premier industry events, The Second Annual Newark CRE Summit, and The Fourth Annual Northeast Industrial Real Estate Summit. Both events will be held on June 21 at The Prudential Center in Newark. Earlier today, we spoke with Ben Conwell, Senior Managing Director & National Practice Leader in the E-Commerce Fulfillment Practice at Cushman and Wakefield who will be a featured speaker at The Fourth Annual Industrial Real Estate Summit, tomorrow, June 21 in Newark. Ben's responsibilities include business development, intellectual property presentation and counsel on strategy, site selection, design and execution for both occupiers and investors. As leader of the E-Commerce and Electronic Fulfillment Special Practice Group, he is focused on providing current and prospective Cushman & Wakefield clients the most valuable market-leading counsel to effectively plan and execute their fulfillment and distribution strategies. CapRate: Is it all Amazon these days, or is the E-Commerce landscape becoming more competitive? Conwell: Unquestionably AMZN is the market leader, but there continue to be more players of growing and significant size growing in share and front of mind customer awareness. AMZN’s growth and significant share – not only in online sales, but perhaps even more remarkable is their share of total non-auto retail sales continues to defy expectations and take more share of an expanding sized pie. AMZN is a relentless competitor and no question it has its sights on owning more and more verticals and in further…