NorthIowaToday.com

Founded in 2010

News & Entertainment for Mason City, Clear Lake & the Entire North Iowa Region

Wal-Mart to stop selling Kindles, other Amazon-branded products

By Andrea Chang, Los Angeles Times –

LOS ANGELES — The nation’s largest retailer has cut out the nation’s largest e-tailer.

Wal-Mart has announced it will stop selling Kindles and other Amazon.com-branded products after it sells out of its existing stock.

Reuters was first with the news.

The Wal-Mart decision follows a similar move in May by rival Target, with that discount chain saying it “continually evaluates its product assortment” and would phase out Amazon-branded products in the spring of 2012.

Amazon did not return a call for comment.

Wal-Mart will still carry devices including the Apple iPad, Google Nexus, Samsung Galaxy Tab and Barnes & Noble Nook.

Although the retail behemoth wasn’t specific about its reasons for getting rid of the popular Kindle family, Wal-Mart might be worried about losing sales of physical media, such as DVDs and books, as consumers use their Kindles to stream movies and download e-books from Amazon directly. And the two companies also compete heavily for sales of non-electronics products, with analysts saying Amazon consistently offers shoppers lower prices across several categories.

0 LEAVE A COMMENT2!
Inline Feedbacks
View all comments

Even more news:

Copyright 2024 – Internet Marketing Pros. of Iowa, Inc.
0
Would love your thoughts, please comment.x
()
x