Thread regarding Follett layoffs

http://www.fool.com/investing/general/2015/02/18/amazoncom-goes-to-college-with-first-campus-hub.aspx

Follett leadership's comment to the Wall Street journal about Amazon is DUMB! and noone believes them. Exact quote "Follett, naturally, says it welcomes the competition from Amazon, particularly if it results in lower costs to students" (without saying why it doesn't cut costs for them already), yet this is an area where Amazon can excel and grow.

by
| 551 views | | 4 replies (last February 26, 2015) | Reply
Post ID: @OP+A9cCUp4

4 replies (most recent on top)

Stanford Student Store ‘demands divestment’ from the Bookstore - - The Student Store’s profits are directly reinvested into student life via the Stanford Student Enterprises, while the Bookstore’s revenues are sent to Follett Corporation, a Chicago-based company that provides a variety of educational products to schools. Only a small portion of the Bookstore’s profits go back to the University itself,

by
| | Reply
Post ID: @6846+A9cCUp4

In fact Follett doesn't lower prices for students, they actually add on to the retail price for COPR and freight add ons.

by
| | Reply
Post ID: @2ccz+A9cCUp4

WOW, they are really going after us. Let's see what they can do

by
| | Reply
Post ID: @Jsx+A9cCUp4

http://www.wsj.com/articles/amazon-makes-a-push-on-college-campuses-1422825521

by
| | Reply
Post ID: @b2r+A9cCUp4

Post a reply

: