Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAmazon in Talks to Buy Some of RadioShack's Stores
Bloomberg) -- Amazon.com Inc., aiming to bolster its brick-and-mortar operations, has discussed acquiring some RadioShack Corp. locations after the electronics chain files for bankruptcy, two people with knowledge of the matter said.
Amazon has considered using the RadioShack stores as showcases for the Seattle-based companys 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.
The possible move, discussed as part of RadioShacks looming trip to bankruptcy court, would represent Amazons biggest push into traditional retail. Amazon joins other potential bidders, including Sprint Corp. and the investment group behind Brookstone, in evaluating RadioShack stores, people familiar with the situation said. RadioShack has more than 4,000 U.S. locations and is moving toward a deal to sell a portion and close the rest, according to some of the people. Sprint has discussed buying 1,300 to 2,000, they said.
Amazon has considered using the RadioShack stores as showcases for the Seattle-based companys 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.
The possible move, discussed as part of RadioShacks looming trip to bankruptcy court, would represent Amazons biggest push into traditional retail. Amazon joins other potential bidders, including Sprint Corp. and the investment group behind Brookstone, in evaluating RadioShack stores, people familiar with the situation said. RadioShack has more than 4,000 U.S. locations and is moving toward a deal to sell a portion and close the rest, according to some of the people. Sprint has discussed buying 1,300 to 2,000, they said.
http://www.bloomberg.com/news/articles/2015-02-03/amazon-said-to-mull-buying-radioshack-stores-in-retail-expansion
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
5 replies, 2035 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (1)
ReplyReply to this post
5 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Amazon in Talks to Buy Some of RadioShack's Stores (Original Post)
Ykcutnek
Feb 2015
OP
Agschmid
(28,749 posts)1. Kick.
lpbk2713
(42,792 posts)2. I haven't been to a Radio Shack in years.
IMO Radio Shack is a place where you go if you want employees to annoy you. They might change the sign out front but I probably won't go there. For that matter, I don't hold Amazon in much higher regard either.
MohRokTah
(15,429 posts)3. That would be convenient for people who do not want packages left on their doorsteps. eom
Prism
(5,815 posts)5. They have Amazon lockers in grocery stores now
I've never used one, but it's a nicer alternative.
Poor Radio Shack. I went to get an hdmi cable from them. $24. I walked out and ordered one on Amazon Prime for $4 :/
obnoxiousdrunk
(2,913 posts)4. Not commenting
on this until our resident Amazon specialist has spoken.