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Amazon has tapped into America's convenience culture. The company has struck gold with services that allow for maximum convenience at a low cost.
In my opinion, one of the most reasonable ideas being tossed around is that surging digital retail giant Amazon.com, Inc. (NASDAQ:AMZN) buys struggling brick-and-mortar retail giant Target Corporation (NYSE:TGT). In fact, I think its extremely likely (greater than 80%) that Amazon buys Target within the next 3-5 years. The idea of AMZN buying Target was first put forth by Loup Ventures’ Gene Munster.
A quick Google search of articles related to Amazon.com, Inc. (NASDAQ:AMZN) stock in the past week reveals just how bullish Wall Street is on Amazon stock these days. One offers “10 Reasons to Buy Amazon Stock — And Consider Never Selling.” Another claims it is “Almost Impossible to Find a Bear on Amazon Stock.” One more simply states a fact, that “Amazon Shares Break Out to New High as Optimism Stays Strong.” Few stocks elicit as much universal positivity as AMZN, and with good reason. Furthermore, Amazon’s profits — which for years ranged from fleeting to non-existent — are accelerating.
That’s a crazy number, and based on one venture capitalist's prediction, the company may make an acquisition that would move the needle even further.
Industry experts believe Amazon could be eyeing a sprawling list of potential acquisitions in 2018 and beyond, ranging from Lyft to Costco to Wayfair.
The year 2017 has seen many major business news stories in Colorado. Amazon.com Inc. made news in Colorado on several fronts in 2017, and the online retail behemoth could have a much bigger presence in the state soon if local leaders get their way. While Amazon has long been delivering packages in Colorado, in September it greatly expanded its physical footprint in the state when it opened a 1,000-worker, 1-million-square-foot “fulfillment center” in Aurora, where it already had a 452,000-square-foot "sortation center.” In June, Amazon said it would build a three-story, 2.4 million-square-foot fulfillment center in Thornton to open in mid-2018.
Whatever happened to Luxottica and Essilor? Why did T-Mobile and Sprint’s latest merger attempt fail? We go over these stories, and many more from 2017.
Walmart is fighting back against Amazon's growing market share in the meal-kit and grocery space.
Newly-named Snap CEO Dale Easdon delivered the grim news to 75 Chicago-based employees today. The Austin, Texas-based healthy-prepared foods company had five free-standing stores and two company-operated kiosks inside Whole Foods stores in Chicago's Streeterville and Lakeview neighborhoods. Snap Kitchen will continue to operate in the Houston, Dallas and Austin markets, as well as Philadelphia, where the company operates several stores.
The house that Sam Walton built is getting increasingly effective at leveraging its strengths for omnichannel retail.
Two recent court cases have ruled in retail landlords' favor, ordering Starbucks and Whole Foods to either stay open or reopen a store.