top tech predictions for 2018 - including Amazon acquiring Target, calling it an "ideal offline partner for Amazon."
Gizmodo thinks Munster’s theory makes sense to some degree. Target’s stock has mostly been on a downward spiral since 2015, and hit a five-year low this summer before recovering to finish out the year almost exactly where it began. A restructuring plan has Target’s CEO speaking positively about the future, but the retailer may see Amazon’s deep pockets as a guaranteed route to survival.
For Amazon, big ambitious moves are necessary to compete with Walmart, although they have already shelled out $13.7 billion on the acquisition of Whole Foods. What do you think, readers? Would Amazon buying Target being a good thing, or not?