Yes, Co-Warehousing is Now a Thing

In previous newsletters we have discussed co-cooking kitchens and co-retailing spaces. Now there is also a co-warehousing solution expanding into seven major markets - including New York and LA. Darkstore, a new recipient of $1.4mm in seed funding (which, we recognize, ain't much), empowers brands to offer same-day delivery. The company leverages excess capacity in storage facilities, malls and bodegas and uses those spaces as fulfillment centers (which is an interesting concept considering all of the recent debate about vacant retail space, including in NYC, and the battle for the "final mile"). We have no idea how they'll make money given all of the different players in the mix but this is an interesting idea.