This prediction is as accurate as "Apple Will Buy Netflix This Year".
Amazon Will Buy Target This Year, Gene Munster Predicts
51–60 of 110 posts
Re: Amazon Will Buy Target This Year, Gene Munster Predicts
#52Earlier quoted context omitted.
How is that different from Whole Foods?
Whole foods has ~470 stores in North America and the UK, Target has ~1,800 worldwide. And I've never seen a Whole Foods next to a Target. Amazon just quadrupled their real estate footprint!
> And I've never seen a Whole Foods next to a Target
I've seen a couple places where they are in reasonably close proximity in Northern California; that can't be unique.
Re: Amazon Will Buy Target This Year, Gene Munster Predicts
#53For what purpose? Amazon's goal is to kill off traditional retail, as far as I can tell. Big box stores like Target are failing because their business model can't compete. Amazon already bought Whole Foods, which gives them a large enough physical presence to do whatever it is they're going to do with it. Integrating that business with the rest of Amazon will already take years- why complicate it further? My guess? G…
Target is failing? That is news to me.
They are closing some stores. Retail in general has had a very bad few years.
Re: Amazon Will Buy Target This Year, Gene Munster Predicts
#54This actually gives Amazon a backdoor entrance to CVS/Caremark medication distribution. You see CVS has been slowing down building new free standing locations because they've taken over all of Target's pharmacy. If Amazon does actually buy Target I would look at CVS start delivering prescriptions and equipment directly to homes via Amazon's distribution system. This is yet another reason not to go to a competitor. I…
excellent insight - access to CVS would be huge for them
Especially considering this news
https://www.cnbc.com/2017/11/30/amazon-holding-exploratory-t...
Re: Amazon Will Buy Target This Year, Gene Munster Predicts
#55For what purpose? Amazon's goal is to kill off traditional retail, as far as I can tell. Big box stores like Target are failing because their business model can't compete. Amazon already bought Whole Foods, which gives them a large enough physical presence to do whatever it is they're going to do with it. Integrating that business with the rest of Amazon will already take years- why complicate it further? My guess? G…
Target is failing? That is news to me.
You should read about "Target Canada". What a fiasco money-fire that was.
Re: Amazon Will Buy Target This Year, Gene Munster Predicts
#56For what purpose? Amazon's goal is to kill off traditional retail, as far as I can tell. Big box stores like Target are failing because their business model can't compete. Amazon already bought Whole Foods, which gives them a large enough physical presence to do whatever it is they're going to do with it. Integrating that business with the rest of Amazon will already take years- why complicate it further? My guess? G…
Seems like it. Because Target is an expensive and nonsensical acquisition for Amazon. Also, even if it were a real possibility - I really hope not. We don't need more monopolies.
I stopped shopping at Wal-Mart back around 2009 and stopped buying from Amazon around 2012. I don't like support those models and I hate how so much in the tech world is dependent on Amazon. There should be more providers people are willing to use.
It saddened me when Amazon absorbed Whole Foods. I still shop there because I like the breakfast bar, and there's a limit on what we can actually do as consumers. I realize it's all symbolic as you can't actually "vote with your dollars" as the libertarians would have you believe.
But still, I hope this is all Munster vaporware blowing out his ass. I'm sure there'd be serious FTC issues with a merger that large. Then again, the FCC did just ditch network neutrality and both companies are large enough they can probably lobby whoever they want to make such a transaction go through.
Re: Amazon Will Buy Target This Year, Gene Munster Predicts
#57Earlier quoted context omitted.
How is that different from Whole Foods?
Whole foods has ~470 stores in North America and the UK, Target has ~1,800 worldwide. And I've never seen a Whole Foods next to a Target. Amazon just quadrupled their real estate footprint!
The Whole Foods flagship store in Boulder directly faces a SuperTarget.
(Also faces the big new Google office. Shopping in a store owned by Amazon with that staring at you was kinda surreal the first few days after the acquisition)
Re: Amazon Will Buy Target This Year, Gene Munster Predicts
#58Earlier quoted context omitted.
Target is failing? That is news to me.
They are closing some stores. Retail in general has had a very bad few years.
Target has some problems, but they're mostly debt management stemming from aggressive expansion. Closing a dozen stores out of 1,800 doesn't really say much. That's just churn.
Re: Amazon Will Buy Target This Year, Gene Munster Predicts
#59Earlier quoted context omitted.
Seems like it. Because Target is an expensive and nonsensical acquisition for Amazon. Also, even if it were a real possibility - I really hope not. We don't need more monopolies.
I stopped shopping at Wal-Mart back around 2009 and stopped buying from Amazon around 2012. I don't like support those models and I hate how so much in the tech world is dependent on Amazon. There should be more providers people are willing to use. It saddened me when Amazon absorbed Whole Foods. I still shop there because I like the breakfast bar, and there's a limit on what we can actually do as consumers. I realiz…
Breakfast pizza. Genuine trigger food of the Gods. I'm glad the Whole Foods next door closed.
Re: Amazon Will Buy Target This Year, Gene Munster Predicts
#60what's with all these analysts predicting mega mergers today? > "Citi analysts see 40% chance Apple will buy Netflix" Yeah, right. It's baseless cable news headline-bait garbage.
I thought the Apple acquires Netflix rumor was old. They were also looking at acquiring Disney and some others as well, according to the rumor.