Earlier this year,
Munster made a prediction that the e-commerce giant would buy the
brick-and-mortar chain by year’s end — something he said would fit with
Amazon’s slow adoption of physical stores. “In fact, our belief that online
retail will eventually represent 55% of US retail sales is one that will take
place over a very long term — at a glacial pace, and Amazon is playing the long
game in brick and mortar retail,” Munster wrote.
Target has
about 1,850 stores. But no
matter the number, Amazon needs
to do a lot more in
brick-and-mortar”. Amazon may
make a bigger move into physical stores this year, according to one analyst.
Loup Ventures' Gene Munster is predicting the internet e-commerce company
will buy Target in
2018.
I rank Whole Foods number one over
every grocery retailer Amazon
could acquire for one reason: Amazon can also acquire
Target and open Whole Foods Markets inside Target's stores. Amazon + Target + Whole Foods just make
sense. Amazon acquired
Whole Foods and it's certainly possible that Amazon can still acquire
Target.
No comments:
Post a Comment