Maybe then I'll get to use ApplePay at Target.
Amazon Will Buy Target This Year, Gene Munster Predicts
61–70 of 110 posts
Re: Amazon Will Buy Target This Year, Gene Munster Predicts
#62If it takes drones to make brick and mortar restrooms not excessively laden with feces... then i welcome our new masters
Having spent a terrible summer working at Target as a cart attendant, I can explain at least part of the reason why their restrooms are gross. The job of cleaning the restrooms, as well as every other awful job that nobody wants to do, is given to "cart attendants", who applied thinking they'll just be pushing carts around all day and don't find out about these "side tasks" until their first day on the job. So these side tasks often go neglected out of spite and a lack of willingness to deal with that crap (figuratively and literally) for just above minimum wage. Why a gigantic store like a Super Target wouldn't hire a separate person as a "custodian" or "janitor" for such things is beyond me.
Re: Amazon Will Buy Target This Year, Gene Munster Predicts
#63Earlier 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…
> you can't actually "vote with your dollars"
Sure you can, and you did. You're gripe is that the majority of others don't share your concerns--so you have been, thus far, out voted.
Re: Amazon Will Buy Target This Year, Gene Munster Predicts
#64This 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…
Damn! That's a pretty big detail! There was talk a while back of Amazon getting into the pharmacy biz anyway. I wonder if that wouldn't be more draw to make this deal happen.
Re: Amazon Will Buy Target This Year, Gene Munster Predicts
#65For 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…
I disagree - their goal isn't to kill off traditional retail. Their goal is to get a cut of every transaction you make AND remove as much friction from the purchase as possible - wherever you make it...it makes perfect sense that Amazon would buy up a chain with lots of local presence.
Sure, that's their ultimate goal, but currently, at this stage of this game, isnt it better to spend much less than $41B, on just curbside check out points(which is the future, probably), create a curbside war between retailers(already started), and in the process bankrupt traditional remailers and shift user behaviour to online, and later, buy some retailers for pennies on the dollar?
Re: Amazon Will Buy Target This Year, Gene Munster Predicts
#66what'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 actually think an Apple/Netflix merger makes a lot of sense. Apple sucks at online services and netflix could use the deep pockets.
I always got the impression that Netflix's pockets were large anyway. I mean, a huge portion of their content has become self produced and the content is better than a lot of B level movies that I've seen. I assumed funding themselves making bad ass content was an indication that they had enough money that they were just like "Fine. We'll make it ourselves." Kind of along the same vein as PornHub being rumored to make sense8 season 3.
I am not purporting to have any knowledge that was just always my assumption.
Re: Amazon Will Buy Target This Year, Gene Munster Predicts
#67If Amazon is going to make a high dollar retail acquisition, I think Costco makes a lot more sense than Target. True warehouse stores that could be used for distribution, high income customers who don't mind paying a subscription fee and it is already headquartered in the Seattle area.
Re: Amazon Will Buy Target This Year, Gene Munster Predicts
#68I'd expect someone other than Amazon to buy Target (if anyone does), and stories like this will make the price seem more justifiable as a defensive move.
Re: Amazon Will Buy Target This Year, Gene Munster Predicts
#69Earlier quoted context omitted.
There's no reason that Apple couldn't build a Netflix competitor and then ban Netflix from its mobile device platforms.
And that would be the day I switch to Samsung.
Yeah because Samsung is known for a free and open platform. Honestly I bought an S8+ in March and I don't think I'll be getting another Samsung device. They make their own apps for so much there are issues getting their phones to work with things built for Android. I have a car that supports Android Auto and it worked fantastically when I had my Nexus 6p but it has been unreliable and I don't use it anymore thanks to my Samsung device.
Re: Amazon Will Buy Target This Year, Gene Munster Predicts
#70Earlier quoted context omitted.
Target has real-estate, they've done all the legwork to figure out where big stores like that need to be. Everything is already built, Amazon just needs to put their logo on it. Voila - digital empire turned physical overnight.
How is that different from Whole Foods?
Whole Foods is a high end grocery store and Target is a retail store?