Amazon To Buy Target in 2018, Tech Analyst Predicts

Amazon To Buy Target in 2018, Tech Analyst Predicts Loup Ventures' Gene Munster believes a potential acquisition between the companies could happen this year, allowing for Amazon to compete with competitor Walmart on the physical store front. Gene Munster, Loup Ventures An acquisition of Target would increase the company's store count to roughly 2,300, compared to Walmart's nearly
12,000 store footprint. Amazon completed its $13.7 billion acquisition of Whole Foods Market in August. Shares of the e-commerce giant rose 56 percent, compared to 10 percent decline for Target in 2017.