Seeking Alpha

Staples and RadioShack back out of Amazon Lockers program

Staples (SPLS) and RadioShack (RSH) plan to end their participation in the Amazon Lockers program, according to Bloomberg.

The retail strategy of storing items ordered by Amazon (AMZN) customers was considered a bit of a Hail Mary by most analysts, even with the companies claiming increased store traffic would add incremental sales.

The end game: Back to the drawing board for Staples and RadioShack.

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Comments (1)
  • Nic123
    , contributor
    Comments (2) | Send Message
    I wonder how long it will take before people understand RSH's end game is approaching... i bet that by end of this year they will be bankrupt.
    19 Sep 2013, 09:01 AM Reply Like
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