Sunday, January 25, 2015

Should Amazon or Google buy RadioShack?

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Should Amazon or Google buy RadioShack?

With Amazon setting up delivery bins at colleges and convenience stores -- replacing the Post Office -- while Google goes retail, too, setting up phone stores -- wouldn't it be cheaper for those cash-rich chains to take over an ailing retailer with locations in every retail district around the country?

Like, say, Radio Shack, writes Gina Chon at Quartz.com here.

For just $325 million in stock market value, plus a suitable premium, the buyer picks up more than 4,000 locations in high-traffic areas, she notes.

Sears, Best Buys and other ailing chains could bring in more space for groceries and whatever other new markets the morphing tech giants plan to go after -- though they're also still a lot more expensive, she adds.

Joseph N. DiStefano
About this blog

PhillyDeals posts raw drafts and updates of Joseph N. DiStefano's columns and stories about Philly-area finance, investment, commercial real estate, tech, hiring and public spending, which he's been writing since 1989, mostly for the Philadelphia Inquirer.

DiStefano studied economics, history and a little engineering at Penn, taught writing at St. Joe's, and has written the book Comcasted, more than a thousand columns, and thousands of articles, and raised six children with his wife, who is a saint.

Reach Joseph N. at JoeD@phillynews.com or 215 854 5194.

Joseph N. DiStefano
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