Did Amazon Just Kill Bricks and Mortar for Good?
Jul 17th 2012 5:56PM
Updated Jul 17th 2012 6:02PM
Amazon's (NAS: AMZN) march toward retail dominance seems to continue with the addition of same-day delivery to its suite of offerings. The double-edged sword of faster delivery also means increased collection of state taxes, a specter Amazon has avoided like the plague. But the gains to be had from same-day delivery could outweigh the drag that additional tax collection creates if executed well. Reports of Amazon's special delivery lockers in locations across New York City could be the key to the project's success. Sky-high valuations increase the risk of undertaking such an expensive expansion, though, and missteps could ripple through the share price.
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At the time this article was published Austin Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of Amazon.com, Best Buy, and hhgregg. Motley Fool newsletter services recommend Amazon.com and hhgregg. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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