Walmart will stop selling Kindles

12:53 PM, Sep 20, 2012   |    comments
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NEW YORK (AP) - Walmart Stores is phasing out selling's Kindle tablet and e-readers, the world's largest retailer said Thursday.

Walmart says the decision was made as part of its overall merchandising strategy to offer a broad assortment of products at low prices. Walmart Stores will continue to sell a range of tablets and e-book readers, including Apple's iPad, the Barnes & Noble's Nook, and devices from Samsung, Sony and others.

The move echoes Target Corp.'s decision to stop offering the Kindle in May after selling it for two years following a merchandise review.

Walmart spokeswoman Sarah Spencer says the Bentonville, Ark., company will continue to sell its existing inventory of Kindles until it is depleted., based in Seattle, declined to comment.

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