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Target's (NYSE:TGT) decision to stop selling Kindles was due to its unhappiness with being a...

May 03, 2012 11:55 AM ETTarget Corporation (TGT) StockWMT, TGT, AMZNBy: Eric Jhonsa, SA News Editor4 Comments
Target's (NYSE:TGT) decision to stop selling Kindles was due to its unhappiness with being a mere showroom for Amazon's (NASDAQ:AMZN) site, suggests the NYT. The decision comes months after Amazon's Price Check app, which encourages the showroom phenomenon, triggered a strong backlash. Piper's Gene Munster thinks Wal-Mart (NYSE:WMT) is a far more important partner to Amazon than Target, given its higher store count and stronger rural presence.

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