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

Shawn Knight

TechSpot Staff
Staff member
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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tipstir

TS Ambassador
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!
 

Skidmarksdeluxe

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

Greg S

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

p51d007

TS Evangelist
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.
 

Skidmarksdeluxe

TS Evangelist
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.
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.
 

scottie

TS Rookie
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
 

MannerMauler

TS Addict
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?