When I say I LOVE Zappos it's because I mean it. They have killer policies, better customer service and they are consistently innovating the world of e Commerce.
Amazon maintains that Zappos will operate as a separate brand all together. I'm really hoping that the Zappos we know and love will continue to be a model example of how a retailer should operate. According to MarketWatch:Amazon said in a statement that under terms of the deal, it will buy all outstanding shares, warrants and options of Zappos in exchange for roughly 10 million Amazon shares with their value based on average closing prices in June and July. In addition, Amazon "will provide Zappos employees with $40 million in cash and restricted stock units," Amazon said. The Seattle-based Internet retailer said it expects the Zappos acquisition to close in the fall.
