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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