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Title    RadioShack Stores to Live On as.... Amazon?
Date    Wednesday February 04 2015, @01:53PM
Author    janrinok
Topic   
from the and-it-grew-and-grew dept.
https://soylentnews.org/article.pl?sid=15/02/04/0817249

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.

Links

  1. "tonyPick" - https://soylentnews.org/~tonyPick/
  2. "Amazon is in talks to buy some of RadioShack's stores" - http://www.bloomberg.com/news/articles/2015-02-03/amazon-said-to-mull-buying-radioshack-stores-in-retail-expansion
  3. "Wired" - http://www.wired.com/2015/02/amazon-radioshack/
  4. "HackerNews" - https://news.ycombinator.com/item?id=8993058

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printed from SoylentNews, RadioShack Stores to Live On as.... Amazon? on 2023-06-11 02:08:38