Amazon and Target could join forces and crush Walmart
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Filed under: Finance, Business, Companies
- Loup Ventures analyst Gene Munster predicts Amazon will acquire Target in 2018.
- Target would be a powerful tool for Amazon in its quest to lure moms and get them hooked on its Prime services, according to Munster.
- The union would also enable Amazon to leverage Target's 1,834 stores in its battle to take on Walmart, which has more than 4,700 US stores.
Amazon could be eyeing Target as its next major retail acquisition, according to one influential tech analyst.