Is it just me or is this Follett's way of getting Amazon to gain interest in purchasing part of our company. The Warehouse possibly. By the way, the plan is for this company to get out of the brick and mortar business all together. The thinking is why pay commissions to a client for sales that we can get commission free. And since our old, corner the market and raise prices strategy has backfired in the past 5 years, we are looking for ways to pawn it off on the highest bidder, BKA Amazon. We all know Amazon needs more warehouses as they began opening up additional stores so it all makes since.
There's been a lot of questions about why all the acquisitions, which the answer is that Follett's goal is to become primarily an ecommerce business. Little overhead, no commissions to schools and a process that has automation. The smaller we get as a brick and mortar company, the bigger our eCommerce business gets.