Amazon in talks to buy RadioShack stores in bid to better compete with Apple

By Shawn Knight
Feb 3, 2015
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  1. Amazon has reportedly entered into discussions to buy up some of RadioShack's soon-to-be-abandoned brick-and-mortar retail stores.

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  2. tipstir

    tipstir TS Ambassador Posts: 2,383   +105

    Amazon is just like the old Service Merchandise stores were. If Amazon was smart to build warehouse ordering locations. You would just drive-up place your order and wait for your item to come down the ramp and then drop into your trunk or slide open the door and have it drop into your MUV or SUV. It's that simple!
  3. Skidmarksdeluxe

    Skidmarksdeluxe TS Evangelist Posts: 6,341   +1,939

    Why are they trying to compete with Apple? Don't they know they are merely an eCommerce site and not a tech manufacturer?
  4. Win7Dev

    Win7Dev TS Evangelist Posts: 537   +152

    Apple is a retail company more than a tech company. They can sell and give support, but they aren't very good at the tech aspects of their company. That's why amazon wants to compete. They are competing for retail market space.
  5. Frank Barnett

    Frank Barnett TS Rookie Posts: 61   +6

    They have hundreds of millions of FIREPHONES to get rid of lol. Its cheaper to buy RadioShack then throw them away
  6. p51d007

    p51d007 TS Evangelist Posts: 862   +353

    I think that would be a BIG mistake. The overhead in employing people, taxes, expenses in the stores (tax, utilities, upkeep) would be a HUGE drain.
  7. Skidmarksdeluxe

    Skidmarksdeluxe TS Evangelist Posts: 6,341   +1,939

    I think it's the other way around. Amazon is a retail company and they want to be taken seriously on tech side of things as well hence their FirePhone, Kindle eReaders among other offers. Apple is more of a tech company than a retail company.
  8. Axiarus

    Axiarus TS Addict Posts: 217   +91

    Let Radio Shack die already. They should have been gone ten years ago.
  9. scottie

    scottie TS Rookie Posts: 16

    Amazon has got they hand into everything. on the radioshack thing , radioshack was once a cool store. but once stores like walmart , bestbuy came to town , it was over for radioshack
  10. MannerMauler

    MannerMauler TS Booster Posts: 97   +18

    Well, with RadioShack calling bankruptcy and selling off most or half of their stores, this could be a jumpstart for them. It would pay off a small chunk off of their debt, even if its just a 1Bil deal, thats nearly all of their debt. Also, with a big company like Amazon buying them, that would help the stock price a bit, no?

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