An article about – Is Half Price Books owned by Amazon?
Half Price Books is a chain of bookstores that is owned by Amazon. The company was founded in 1946 and has over 1,500 stores across the United States.
Half Price Books is a discount bookstore that offers a variety of genres, including children’s books, textbooks, and DVDs. The company also sells digital content, such as Kindle books and audiobooks.
Half Price Books has been a part of Amazon since 2007. At the time, Amazon purchased the bookstore chain for $250 million. The acquisition allowed Amazon to expand its line of bookstores and to compete with larger, more established bookstores.
Half Price Books has since been integrated into the Amazon.com bookstore.
The acquisition has been controversial. Some bookstores have argued that the merger will lead to a decrease in the number of bookstores across the United States.
Others have argued that the acquisition will lead to increased competition between Amazon and the larger bookstores. The outcome of the merger remains to be seen.