Peeved at Amazon, Target Yanks Kindle

By Rob Quinn, Newser Staff

In a sign of rising tension between online stores and their bricks-and-mortar counterparts, Target says it is going to stop selling Amazon's Kindle products.

The company, one of the biggest offline sellers of Amazon's e-readers and tablets, has become fed up with shoppers using its stores as a showroom for Amazon, checking out products there before buying them online, reports the New York Times. Amazon encourages the practice and ran a promotion last year offering shoppers 5% off any item scanned at a store.

More from Newser
Texting at Movies? Probably Just a Matter of Time
Facebook, Google Could Fall Apart
SpaceX Counts Down to Maiden ISS Mission

In light of such "showrooming," Target selling Amazon products is "like Starbucks selling Dunkin' Donuts gift certificates," a retail analyst says. Target, which plans to keep selling other companies' e-readers and tablets -- as well as beef up its Apple displays--was the first offline retailer to carry Kindles.

But while having the product available for consumers to see in person gave the e-reader a boost in its early days, analysts say Target's move will probably be just a "mild annoyance" for Amazon unless other retailers follow suit.

--Written by Rob Quinn of Newser

More from Stocks

Tesla Model 3 Delivery Time Falls, but Will It Help the Stock?

Tesla Model 3 Delivery Time Falls, but Will It Help the Stock?

Baidu Stock Plummets After COO Qi Lu Resignation

Baidu Stock Plummets After COO Qi Lu Resignation

18 Top Stocks Hedge Funds Own That Goldman Sachs Thinks Will Keep Outperforming

18 Top Stocks Hedge Funds Own That Goldman Sachs Thinks Will Keep Outperforming

Dow Rises Sharply as U.S.-China Trade Tensions Thaw

Dow Rises Sharply as U.S.-China Trade Tensions Thaw

One Chart on Global Trade Conditions Should Make You Worried About Stocks

One Chart on Global Trade Conditions Should Make You Worried About Stocks