The number of warehousing and storage jobs since 2010 has more than doubled in the U.S. while retail employment has been flat (and negative since Covid-19) over the same period of time.
Chart shows the percentage change in employment since 2010.
Source: Bureau of Labor Statistics.
Walmart acquired jet.com, an aggressive eCommerce player founded in 2014 to take on Amazon, for $3.3 bn. Walmart is a distant second to Amazon in online sales in the US - $14 billion compared to $63 billion for Amazon. More troubling, however, has been Walmart's declining year over year eCommerce sales growth. With eCommerce, Walmart has adapted an Omni-channel fulfillment strategy which makes sense on paper - 90% of Americans live within 15 miles of a Walmart store so the stores can serve as eCommerce fulfillment centers for the last mile delivery...
Read MoreTechgistics provides analysis on emerging technologies and startups in logistics and supply chain, focusing specifically on Blockchain, eCommerce, and last mile delivery problems.
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