WalMart stopping GPS Sales?

So a lot of shoppers noticed that WalMart was one of the lowest priced outlets for GPS systems this past holiday season, but did you know that 40% of them will be returned? According to Digitimes, WalMart is considering dropping GPS units from its inventory due to the large number of returns on the units. They cite that while 25% of GPS units are returned nationally, a greater proportion (40%) are returned at WalMart therefore making it unprofitable. This number is much higher than other consumer electronics categories.
Apparently other outlets like Best Buy and Circuit City are starting to limit the return period to 14 days after purchase instead of the usual 30 days. It will be interesting to see what happens, as Digitimes often has the scoop on things going on in the GPS world.
ReadMore at Digitimes
Read More in: GPS News
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Posted by Scott Martin at January 19, 2007 8:41 AM