Target to Stop Selling Kindle: Norton Medical and Scientific Research & Biotechnology

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Target to Stop Selling Kindle: Norton Medical and Scientific Research & Biotechnology

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Target, the 2nd largest discount chain announced that it will stop offering Amazon's e-reader Kindle because of a «conflict of interest» while Barnes & Noble and Apple devices will continue to be offered. According to Molly Snyder, Target spokesperson, the decision to drop Kindle e-readers starting this spring came after a review of the retailer's merchandise, which consisted of evaluations on prices and quality of their products. However, Norton Medical and Scientific Research & Biotechnology got a hold of an internal memo regarding the removal of Amazon hardware (Kindle) from Target stores starting this month and while some accessories are to remain in stock, shipments of the tablet will stop beginning on May 13 – PowerPoint PPT presentation

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Title: Target to Stop Selling Kindle: Norton Medical and Scientific Research & Biotechnology


1
Norton Medical and Scientific Research
Biotechnology

YOUR LEADING NEWS PROVIDER FOR ALL THINGS MEDICAL.
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2
Target to Stop Selling Kindle
  • Target, the 2nd largest discount chain announced
    that it will stop offering Amazon's e-reader
    Kindle because of a conflict of interest while
    Barnes Noble and Apple devices will continue to
    be offered.
  • According to Molly Snyder, Target spokesperson,
    the decision to drop Kindle e-readers starting
    this spring came after a review of the retailer's
    merchandise, which consisted of evaluations on
    prices and quality of their products.
    However, Norton Medical and Scientific Research
    Biotechnology got a hold of an internal memo
    regarding the removal of Amazon hardware (Kindle)
    from Target stores starting this month and while
    some accessories are to remain in stock,
    shipments of the tablet will stop beginning on
    May 13.

3
Before the Minneapolis-based retailer started
offering Kindles in June 2010, Amazon only sold
the tablet on its own website. But after
recognizing the need of customers to see the
products in person before buying, Amazon
approached Target for some sort of partnership,
followed by WalMart, Best Buy and Staples. Even
though most of the Kindle items are being sold at
Amazon, Target's 1,800 stores nationwide have
made it one of the biggest Kindle retailers in
the physical world. In fact, Target has announced
after last year's Thanksgiving that the Kindle
was the bestselling tablet in its stores.
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  • Target's move is perhaps due to the fact that
    Apple products are being promoted prominently in
    the store. But Snyder declined to say more but
    We will continue to offer our guests a full
    assortment of e-readers and supporting
    accessories regarding the apparent partnership
    with Apple.
  • According to a statement from the retailer, the
    very tight alignment of Kindle with the online
    store Amazon, their direct competitor, explains
    the conflicting interest presented as the reason.
  • Target's decision to drop Kindle might also be a
    boycott to manufacturers' using their brick and
    mortar stores to as a showroom of products. This
    often happens as customers go to retailers like
    Target in order to personally check out an item
    and then buy the item online for a cheaper price.
    In fact, Target has already appealed to vendors
    for aid in developing exclusive products and
    rivaling prices online.

5
  • What we aren't willing to do is let online-only
    retailers use our brick-and-mortar stores as a
    showroom for their products and undercut our
    prices, said a Target in a statement.
  • The absence of Kindle from Target stores is not
    likely to stop Amazon customers from visiting
    Target for other products but Norton Medical and
    Scientific Research Biotechnology said the move
    will definitely send a message to Amazon.
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