YOUR FRIENDS' ACTIVITY

    Wal-Mart Drops Kindle, Amazon Inventory

    Walmart Drops Kindle, Amazon Inventory

    Wal-Mart announced it will no longer sell Amazon's Kindle products, despite the growing popularity of e-readers.

    While the retail giant often trumps competitors in overall sales, Wal-Mart trails Amazon in e-commerce and is working toward bigger online profits.

    Also: Warner Bros. Home Entertainment Goes After Amazon Sellers With Copyright Suits

    "We will continue to offer our customers a broad assortment of tablets, eReaders and accessories at a variety of great price points," a Wal-Mart spokeswoman told TheWrap. "This decision is consistent with our overall merchandising strategy."

    The retailer's decision to drop the Kindle and other Amazon products follows a similar move by Target stores.

    Amazon did not immediately respond to an inquiry from The Wrap.

    After the move, Wal-mart will no longer carry Amazon products beyond the store's current purchase commitments and existing inventory.

    Apple iPads, Barnes & Noble Inc's Nook, Google Inc's Nexus 7 and Samsung's Galaxy Tab will remain on Wal-Mart's shelves and website.