Robert Reed: An Amazon-Target deal would mean a very different shopping experience

Sooner rather than later, Amazon is going to buy a big, well-known, traditional retailer. When it does, expect the e-commerce giant to take aim at Target. This is not an idle stretch of the imagination or investor whimsy. A respected tech industry analyst, Gene Munster, has boldly predicted Amazon will acquire Minneapolis-based Target, most likely this… Please follow and like us:

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Target buys same-day grocery delivery service Shipt for $550M

The battle for same-day grocery delivery supremacy is on! Target has announced it plans to acquire same-day delivery grocery app Shipt for $550 million in cash. RELATED: The biggest threat to your grocery budget in 2018 Same-day delivery will be in 600 stores by early 2018 This deal is expected to ramp up quickly. By early… Please follow and like us:

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Most investors who bought Whole-Foods between 2012 and 2015, are going to lose money

You have probably read the news that Amazon is going to acquire Whole Foods Market (WFM) in cash for $42/share. This will increase competitive pressures in the grocery business, which has sent shares in companies like Target (TGT) and Wal-Mart (WMT) lower. Even retailers such as Ross Stores (ROST) and TJX Companies (TJX) are taking a… Please follow and like us:

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