Fashion Industry News: Warehouse rents spiking due to e-commerce growth

For a business owner, managing warehouse expense is a priority.  A recent retaildive.com article by Daphne Howland outlines the increasing demand and prices for prime warehouse space in the US.

 

Rents for prime warehouse space in the U.S. rose 9.9% in 2015, well past the 2.8% increase in the global industrial leasing rate. Six markets in particular were among the nine with the biggest increases globally, with Oakland (29.8%) topping the increases seen in also-hot Northern New Jersey, according to the report. Read more.

 

At Samsung, we work with growing fashion brands to purchase inventory and manage all back-end logistics.   Our fashion partners can focus on growing their businesses and not on operations.

Learn more about Samsung’s solution for fashion brands.