• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

‘Take time in quiet’: Melinda French Gates says to spend at least 10 minutes a day on self-care

2

Current price of oil as of August 21, 2026

3

Harry and Meghan's homecoming comes with a multimillion-dollar tax catch—waiting four years could have shielded their $60 million fortune

1

‘Take time in quiet’: Melinda French Gates says to spend at least 10 minutes a day on self-care

2

Current price of oil as of August 21, 2026

3

Harry and Meghan's homecoming comes with a multimillion-dollar tax catch—waiting four years could have shielded their $60 million fortune
Retail

Amazon Has a New Way to Get Stuff Into Your Apartment

By
Keshia Hannam
Keshia Hannam
Down Arrow Button Icon
By
Keshia Hannam
Keshia Hannam
Down Arrow Button Icon
October 18, 2017, 7:22 AM ET
Add Fortune on Google for similar content.

Amazon (AMZN) has taken another step toward consolidating control over the process that leads goods from the warehouse floor directly to the doors of its customers. To that end, the retail giant has just introduced Hub by Amazon, which are Amazon-owned locker systems installed in apartment buildings.

By partnering with some of the nation’s largest apartment building owners and managers, the e-commerce giant has already signed contracts to install Hubs in buildings with more than 850,000 units across the U.S., according to the Wall Street Journal.

The lockers are able to receive packages from any major carrier, such as FedEx, UPS, and the U.S. Postal Service. The physical modular unit, which is about 7 feet by 7 feet and has 42 lockers in various sizes, is accessible 24 hours a day and costs landlords $10,000 to $20,000 upfront with no further monthly fees. According to the Journal, “most landlords said they don’t plan to charge residents but to offer it as an amenity. They could also make back some of that cost in savings on staff labor.”

The lockers are intended to mitigate the amount of time building staff spend fielding package-related queries and problems from residents, as well as to prevent mailrooms and lobbies from getting overloaded with deliveries. Hub by Amazon units also are aimed to improve security around deliveries, ensuring residents can get access to their items outside of regular working hours.

About the Author
By Keshia Hannam
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Retail


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Latest in Retail


    Most Popular

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.