Amazon buying Target sounds like something from a dream—and that’s all it could end up being.
Gene Munster, a tech analyst and managing partner at Loup Ventures, made the bold prediction in a blog post yesterday. His reasoning? Amazon needs more brick-and-mortar stores as well as another way to reach moms (and their wallets). If Amazon did acquire Target, it could increase the number of Amazon stores to 2,300, compared with Walmart’s 11,695, Munster explained in the post.
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