Tuesday, January 2, 2018

Amazon Will Buy Target This Year?

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.