- Amazon is leasing a large space in the first U.S. three-story vertical warehouse in Seattle created by Prologis. Home Depot is also a client as warehouses of this kind are used in Europe and Asia and aims to further decrease delivery times.
- Shopify is spending $450 million to acquire 6 River Systems, a warehouse management and automation developer. The purchase provides Shopify, who has been pushing into warehousing for its clients, access to robotics talent who were previously employed by Kiva Systems which was purchased by Amazon.
- YouTube is opening a Fashion hub which will feature livestreams from runway shows, content from creators, collaborations with fashion brands, and other media. Dior, Michael Kors, and Ralph Lauren are among the brands which are slated to have their runway shows featured on the site for September Fashion Month.
Source: Amazon leases huge space at unique multi-story warehouse in Seattle to speed up delivery
Source: Shopify buys warehouse automation tech developer 6 River Systems for $450 million | TechCrunch
Source: YouTube hits the catwalk with /Fashion hub | Mobile Marketer