Why in the world would Amazon buy Target? This sounds like one of those predictions made by someone that owns stock in Target. 😏
Amazon.com Inc.’s shake-up of the retail landscape may not be over, according to one well-known technology analyst. The internet giant will acquire discounter Target Corp., Loup Venture co-founder Gene Munster wrote in a report highlighting eight predictions for the technology industry in 2018. Amazon made waves in retailing last year with its $13.7 billion purchase of upscale grocer Whole Foods Market Inc.
