Amazon’s Quidsi departments may enter the sporting goods market, and thus with the competition of niche market retailer Dick’s, Hibbett and Cabela’s, etc.
By Gary – Balter, led by investor analysts wrote in a research briefing, said Amazon and Quidsi departments in the latest online recruitment information that a new “sports” business and “Outdoor sports are the target customers.” As far, Amazon and Quidsi departments were not issued any comment on this.
Quidsi acquired by Amazon in 2010, it opened several new websites, and specializing in certain categories of products, including toys, pet supplies and cosmetics. Quidsi is also preparing to launch a Web site furnishings casa.com, and promised to provide more than 35,000 kinds of bedrooms, bathrooms, furniture and kitchen supplies.
Investors are closely watching the Quidsi’s expansion plans, because the company is in order to win new consumers that tend to price war, which caused a lot of pressure to competitors. Last year, Quidsi launch pet site wag.com, its competitors’ stock of PetSmart has fallen, until after three months, it is recovery.
Credit Suisse analysts said in a briefing of the study, sporting goods market has been the lack of good sites, in part because many brands to the limit for online publishers, online publishers because they fear harm or damage to their image and independent monopoly the relationship. “Quidsi exclusive sports practice may change this situation.” Analysts said.
Moreover, in the short term, Dick’s, Hibbett and Cabela’s share price may be affected. The casa.com site may also affect the introduction of home goods retailer Bed Bath & Beyond and Williams Sonoma.
Yesterday afternoon, Dick’s shares fell 0.8 percent, down to $ 40.85; Hibbett’s shares fell 2.7%, down to $ 47.62; and Cabela’s shares fell 2%, fell to $ 26.35. Bed Bath & Beyond shares fell 2.4%, down to $ 61.05; and Williams Sonoma shares rose 1.3 percent, rising to $ 35.57. Amazon’s shares fell 2.3%, down to $ 190.85.
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