The company "recently" made a decision to stop selling Amazon products after existing inventory runs out, a Wal-Mart representative told CNNMoney in an emailed statement on Thursday. The company didn't expressly give a reason for its decision, but said this: "Our customers trust us to provide a broad assortment of products at everyday low prices, and we approach every merchandising decision through this lens."
Amazon (Fortune 500) declined to comment on the news. The decision was first reported by Reuters, which cited an anonymous source and a leaked memo. ,
In May, Target (Fortune 500) became the first , big-box retailer to stop selling the Kindle line from Amazon, which could be perceived as a retail competitor. Target, which began selling Kindles in its brick-and-mortar stores in 2010, also did not provide a reason for its decision.
Amazon unveiled a refreshed line of Kindle e-readers and four Kindle Fire tablets earlier this month. The device is still carried by some bricks-and-mortar retailers, including Best Buy (Fortune 500), , Staples (Fortune 500), Radio Shack and , Office Depot (Fortune 500). ,
|Oklahoma bans local minimum wage increases|
|Fears grow over China property flameout|
|How Zuck met Oculus: Facebook's big bet on virtual reality|
|Premarkets: Stocks get a boost from earnings, China GDP|
|China GDP slows to 7.4% in first quarter|