Amazon’s $199 Kindle and low-price retailer Walmart would appear to be a match made in discount heaven, right? Then how do you explain today’s news that Walmart is kicking Amazon to the curb? In a statement, Walmart only says the decision is part of its “overall merchandising strategy.”
“Recently, Walmart Stores, Inc. made a business decision to not carry current Amazon products beyond our purchase commitments and existing inventory,” the Bentonville, Ark. firm told store managers Wednesday. In the memo reported by Reuters, Walmart officials said the stores will continue to offer “a broad assortment of tablets, eReaders and accessories at a variety of great price points.” Read More

























