Stories
Slash Boxes
Comments

SoylentNews is people

RadioShack Stores to Live On as.... Amazon?

posted by janrinok on Wednesday February 04 2015, @01:53PM   Printer-friendly
from the and-it-grew-and-grew dept.

tonyPick writes:

According to Bloomberg Amazon is in talks to buy some of RadioShack's stores:

Amazon has considered using the RadioShack stores as showcases for the Seattle-based company’s hardware, as well as potential pickup and drop-off centers for online customers, said one of the people, who asked not to be named because the deliberations are private.

RadioShack is on the verge of declaring bankruptcy, and according to other reports, it has also been in talks with wireless carrier Sprint about selling some of its stores. The deal with Amazon may not happen, but nonetheless, it shows where Amazon is headed.

To head off competition from Wal-Mart—one of the few retailers that could pose a legitimate threat to Amazon—and to expand its operation, the company has adopted a new hybrid business model, combining e-commerce with offline services.

Originally spotted at Wired, and also linked at HackerNews.

 
This discussion has been archived. No new comments can be posted.
RadioShack Stores to Live On as.... Amazon? | Log In/Create an Account | Top | 34 comments | Search Discussion
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.

  • (Score: 0) by Anonymous Coward on Thursday February 05 2015, @04:45AM

    by Anonymous Coward on Thursday February 05 2015, @04:45AM (#141420)

    They should've embraced their niche as a destination store that hobbyists were willing to travel to, not a store that had to be in every mall. Of course they were unable to support so many expensive leases unless they were selling phones like crazy, and they weren't.