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Comment by mabbo

For what purpose? Amazon's goal is to kill off traditional retail, as far as I can tell. Big box stores like Target are failing because their business model can't compete.

Amazon already bought Whole Foods, which gives them a large enough physical presence to do whatever it is they're going to do with it. Integrating that business with the rest of Amazon will already take years- why complicate it further?

My guess? Gene Munster owns some stocks in Target and wants to offload them at a price slightly higher than what it's currently at.

parent mabbo 8 years ago

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