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Non-Tech : REX Stores (RSC): The next BEST BUY?

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To: Kevin Michael who wrote ()5/26/1999 10:43:00 PM
From: Kevin Michael   of 24
 
A LITTLE MORE INFO: In an April 1, 1999 press release REX Stores announced the commencement of its consumer electronics sales through Amazon.comAuctions. REX Stores announced that it will sell audio and video equipment for Amazon.comAuctions, a recently launched service from Amazon. REX has commenced sales on the new site. REX will offer a wide variety of products through the Auctions service, each with a description, photograph, minimum bid price and manufactures' warranty. The relationship with Amazon.comAuctions represents an initial test to REX Stores' Internet e-commerce strategy, providing access to Amazon's nearly 8 million registered customers while leveraging REX Stores distribution and buying capabilities. Source: company press release Kevin Michael
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