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

  • 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.

Loup Ventures' Gene Munster is predicting the internet e-commerce company will buy Target in 2018.

"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."

Munster was an influential technology analyst with Piper Jaffray for 21 years before co-founding venture capital firm Loup at the start of last year.

Munster said Amazon has "aggressively pursued" the family market with promotions for kid-friendly video content. In addition, an acquisition of Target will increase the company's store count to roughly 2,300 stores, which will allow it to compete with Walmart's nearly 12,000 store footprint, according to the analyst.

Amazon closed its $13.7 billion acquisition of Whole Foods Market in August.

"As for retail stores, Amazon's acquisition of Whole Foods 470 stores along with testing of the Amazon Go retail concept is evidence that Amazon see[s] the future of retail as a combination of mostly online and some offline," he wrote.

Amazon shares rose 56 percent in 2017 versus Target stock's 10 percent decline.

Target shares rose 3.7 percent Tuesday. Amazon and Target declined to comment for this story.

by on Jan. 2, 2018 at 7:36 PM
Replies (51-56):
la_bella_vita
by Bella on Jan. 4, 2018 at 1:52 PM

I do not predict this happening. We will see

bluefirewolf
by Platinum Member on Jan. 5, 2018 at 10:22 PM

Amazon does - they sell a ton of it - for years I have pointing out books that are hateful towards Jews and they have done nothing - I'm not talking about Mein Kampf - which has historical value, but others and they are really bad and they don't offer hany kind of preface about them either.  

Quoting GrayDuck41: Who sells anti Semitic literature?
Quoting bluefirewolf:

I wonder if they will let the new Amazon target sell antisemitic literature too


GrayDuck41
by on Jan. 5, 2018 at 10:24 PM
Thatโ€™s disgusting.

Quoting bluefirewolf:

Amazon does - they sell a ton of it - for years I have pointing out books that are hateful towards Jews and they have done nothing - I'm not talking about Mein Kampf - which has historical value, but others and they are really bad and they don't offer hany kind of preface about them either.  

Quoting GrayDuck41: Who sells anti Semitic literature?

Quoting bluefirewolf:

I wonder if they will let the new Amazon target sell antisemitic literature too

Fakemom7
by New Member on Jan. 5, 2018 at 10:27 PM
Where is the FCC when we need it?
SlightlyPerfect
by Babushka Blockparty on Jan. 5, 2018 at 10:28 PM
They had a great partnership back in like 2009. I got all of DD9's initial baby stuff and furniture through that partnership, and other stuff from CM's influencer programs.

Although, looking back, I fear that "partnership" was actually a test pilot for Prime, even though I thought it was a prelude to a buy-out back then.


Quoting bethsbunch:

That would just be wrong.....

bluefirewolf
by Platinum Member on Jan. 7, 2018 at 2:47 PM

yup I know ebay does too

Quoting GrayDuck41: Thatโ€™s disgusting.
Quoting bluefirewolf:

Amazon does - they sell a ton of it - for years I have pointing out books that are hateful towards Jews and they have done nothing - I'm not talking about Mein Kampf - which has historical value, but others and they are really bad and they don't offer hany kind of preface about them either.  

Quoting GrayDuck41: Who sells anti Semitic literature?
Quoting bluefirewolf:

I wonder if they will let the new Amazon target sell antisemitic literature too



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