Amazon will buy Target in 2018, influential tech analyst Gene Munster predicts - Sensationalist Headlines

[B][U]Amazon will buy Target in 2018, influential tech analyst Gene Munster predicts[/U][/B] [url]https://www.cnbc.com/2018/01/02/amazon-will-buy-target-in-2018-influential-tech-analyst-gene-munster-predicts.html[/url] [QUOTE] * Loup Ventures' Gene Munster predicts Amazon will buy Target this year. * "Target is the ideal offline partner for Amazon for two reasons, shared demographic and manageable but comprehensive store count," Munster says. * Target shares rose 3.7 percent Tuesday. Amazon may make a bigger move into physical stores this year, according to one analyst. [B]Loup Ventures' Gene Munster is predicting the internet e-commerce company will buy Target in 2018.[/B] [B]"Amazon believes the future of retail is a mix of mostly online and some offline. Target is the ideal offline partner for Amazon for two reasons, shared demographic and manageable but comprehensive store count," Munster wrote in a post on Monday. "As for the demographic, Target's focus on mom[s] is central to Amazon's approach to win wallet share."[/B] [/QUOTE] [U][B]Amazon Will Buy Target This Year, Gene Munster Predicts[/B][/U] [url]https://www.bloomberg.com/news/articles/2018-01-02/amazon-will-buy-target-this-year-loup-s-gene-munster-predicts[/url] [QUOTE] 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. [/QUOTE] Dear God, please no...

Good lord, would that mean they'd convert every target store to one of those Amazon Fresh stores, or at least try to?

No clue how to feel about this. Would likely be beneficial to consumers as Amazon would likely use it's logistics competence/infrastructure to lower prices for consumers/p Prime members, at least in the short term. On the other hand this would move Amazon significantly to being a complete consumer Monopoly. [editline]2nd January 2018[/editline] [QUOTE=ChrisR;53023926]Good lord, would that mean they'd convert every target store to one of those Amazon Fresh stores, or at least try to?[/QUOTE] Probably not. Whole Foods is still Whole Foods, just with lower prices and lots of Amazon accessories. Target would likely see an overall price cut as well as benefits/discounts for Prime members, as well as a lot of Amazon features and integration.

Amazon has a patent for tech that runs a store without much human intervention. I'd imagine this would be a first step in moving towards realizing this concept. Buying a company like Target means acquiring staff, logistics, distribution, land - difficult without a big purchase if you have the such ambitious goals. I believe the prototype storefront was called Amazon Go

Amazon is definitely gearing up for its inevitable deathmatch with Walmart.

I'm really conflicted about this. On one hand, the convenience that Amazon offers is [I]insane[/I]. On the other hand... this'd make them somehow even more powerful than they already are.

Take meijer instead please

[QUOTE=phygon;53024810]I'm really conflicted about this. On one hand, the convenience that Amazon offers is [I]insane[/I]. On the other hand... this'd make them somehow even more powerful than they already are.[/QUOTE] anyone who is even remotely invested in consumer freedom/good business should be heavily against this amazon is annihilating all sources of competition with absolute ease - they will become a monopoly and we'll all suffer for it

[QUOTE=Harbie;53023927]No clue how to feel about this. Would likely be beneficial to consumers as Amazon would likely use it's logistics competence/infrastructure to lower prices for consumers/p Prime members, at least in the short term.[/quote] And screw over employees. Amazon isn't exactly known as the nicest corporation to work for, after all. [quote] On the other hand this would move Amazon significantly to being a complete consumer Monopoly.[/quote] Duopoly. Amazon will never usurp WalMart unless something drastic happens.

[QUOTE=TestECull;53024869]And screw over employees. Amazon isn't exactly known as the nicest corporation to work for, after all. Duopoly. Amazon will never usurp WalMart unless something drastic happens.[/QUOTE] It may not be in the next 5 years, but we will see it overtake Walmart, it will just be a matter of time, unless suddenly Walmart takes on areas that Amazon is already in, because at the end of the day its really about the warchest that each company holds and so far, due to the diversity of Amazon's setup, their warchest will win.

[QUOTE=TestECull;53024869]And screw over employees. Amazon isn't exactly known as the nicest corporation to work for, after all. Duopoly. Amazon will never usurp WalMart unless something drastic happens.[/QUOTE] Amazon is breaking hard into physical sales, and Wal-Mart is breaking hard into online sales. It's going to be a battle of the titans, and I do not see Amazon accepting competition like that in a duopoly. Amazon is notorious for buying out literally any and all obstacles in their way.

This is a long time coming for target. They tried to expand into Canadian territory and failed miserably. I can't say I'd expect Mr. Cornell to refuse an offer from amazon.

Not sure how this will affect me since I work at a Target :disgust:

but is this actually based on talks that are happening or is this guy just making predictions for the sake of predictions

[QUOTE=Hardpoint Nomad;53025002]Not sure how this affect me since I work at a Target :disgust:[/QUOTE] It probably won't in the short term. In the long term (decade or so) you will probably be automated out of a job, but Target would have done the same thing by that point.

[QUOTE=phygon;53024810]I'm really conflicted about this. On one hand, the convenience that Amazon offers is [I]insane[/I]. On the other hand... this'd make them somehow even more powerful than they already are.[/QUOTE] Y'know what'd be really convenient is if we just had one company. Imagine - a one stop shop for literally everything. You'd never have to go anywhere else. You'd only need one account. You could order everything online in one simple website. Dystopia would be really convenient

[QUOTE=Mister Sandman;53025063]Y'know what'd be really convenient is if we just had one company. Imagine - a one stop shop for literally everything. You'd never have to go anywhere else. You'd only need one account. You could order everything online in one simple website. Dystopia would be really convenient[/QUOTE] Yeah. The problem is that Amazon's model is sort of the end state of retail. One store/company with ultra-low margins enabled by it's massive infrastructure and logistics competency. If they act responsibly with the monopoly that would guarantee them, this would benefit everyone. "Act responsibly with a monopoly" is a very big if though.

[QUOTE=Harbie;53025067] "Act responsibly with a monopoly" is a very big if though.[/QUOTE] The greed in men's hearts will inevitably corrupt it for the fortune of themselves and the company over the consumers. There is no reason to let that "if" ever come to reality.

[QUOTE=Emperor Scorpious II;53025070]The greed in men's hearts will inevitably corrupt it for the fortune of themselves and the company over the consumers. There is no reason to let that "if" ever come to reality.[/QUOTE] This is why a duopoly is often the end state of a lot of industries. If we're talking about, for example, Amazon and Walmart. They can both leverage their extreme logistics competency to reduce prices for consumers, but as long as they're essentially locked in a "cold war" with both companies controlling significant parts of the market, neither will move to use their massive market share to fuck over their customers, as they'd instantly lose share to the other member of the duopoly.

this guy's only considered influential because he predicted the iPhone, he's been wrong on the apple TV, apple car, how much people would be willing to pay for an iphone, and a bunch of other stuff, so take it with a grain of salt. He's like one of the only reasons why the apple TV and car rumors won't die.

After watching that one professor's speech on why we should break up huge companies like this, i'm kind of scared now. Someday every business in this country is going to be aquired by four different companies.

[QUOTE=Cloak Raider;53024826]anyone who is even remotely invested in consumer freedom/good business should be heavily against this amazon is annihilating all sources of competition with absolute ease - they will become a monopoly and we'll all suffer for it[/QUOTE] But it's so convenient that I can't bring myself to care enough to stop using them. My CPU fried today and no local stores had the same model but they delivered a new one to me two hours later.

[QUOTE=Emperor Scorpious II;53024805]Amazon is definitely gearing up for its inevitable deathmatch with Walmart.[/QUOTE] Walmart: You merely adopted the retail. I was born in it, molded by it.