Thursday, May 03, 2012

Target, Upset With Amazon, Will Stop Selling Kindles -

Target unclear
"“What we aren’t willing to do is let online-only retailers use our brick-and-mortar stores as a showroom for their products and undercut our prices,” Target executives wrote in a letter to vendors, asking them to think of new pricing and inventory strategies, according to a note that Deborah Weinswig, a Citi analyst, sent to clients.
A Target spokeswoman, Molly Snyder, confirmed that the retailer had sent the letter.
Target dropping the Kindle, of course, won’t stop Amazon shoppers from checking out other products at Target, but analysts said it would send a message to Amazon about Target’s alliances. Target, for example, will continue to carry Apple’s iPad, Ms. Snyder said, and it is testing expanded displays of Apple products. Target will also sell other e-readers and accessories, from Barnes & Noble’s Nook to rather obscure ones like the Aluratek Libre."
Target, Upset With Amazon, Will Stop Selling Kindles -
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