Monday, 25 June, 2018

Amazon Buying Target Is Bananas Right?

Amazon is currently considering proposals to open a second North American headquarters Amazon is currently considering proposals to open a second North American headquarters
Orlando Vargas | 12 January, 2018, 18:45

Earlier this year, Amazon shook up the traditional grocery retail space with its blockbuster $13.7 billion acquisition of organic food chain Whole Foods Market.

Target isn't the only company analysts expect to be snapped up by Amazon in 2018.

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

Munster pointed to what he called shared demographics among the two major retailers and the "manageable but comprehensive store count" of Target, which would give Amazon physical locations across the country from which it could operate.

Loup Ventures admits that the timing of such a deal is hard to pin down, but "seeing the value in the combination is easy".

A University of Washington professor believes people should pump the brakes on any talk of Amazon buying Target.

Sainsbury's posts 7.3% growth in convenience in third quarter
Sainsbury's and its large supermarket peers are putting up a better fight against Aldi and Lidl by growing sales. Sainsbury's subdued trading figures came as Lidl said it had increased sales by 16% year on year in December.


Arsenal's move for Boca's Cristian Pavon
The Arsenal manager has kept an eye on Cristian Pavon for the last 12 months and he is impressed with the striker's performances. Pavon signed his first professional contract with Argentinian top-flight club Talleres de Cordoba in 2012, aged just 16.


Bon Jovi coming to Vivint Smart Home Arena
The nationwide tour will kick off on March 14 in Denver and run through a May 14 show in Washington, DC. Visit www.bonjovi.com for updated tour and ticketing information.


Following the publication of the prediction, which Mr Munster said would see Amazon pay a 15 per cent premium for the company, Target stock jumped 3.5 per cent. Year-to-date, AMZN has declined 0.00%, versus a 0.31% rise in the benchmark S&P 500 index during the same period.

Department store Myer also made a bid to compete with Amazon with its online marketplace the Myer Market, a venture that allows third party vendors to sell on Myer's platform in exchange for a sales commission - mimicking the model used by Amazon Marketplace and Ebay. We don't even know if both companies have even talked about this. They have been aggressively promoting and giving prime memberships to first time moms and separately loading Prime Video with kid friendly content because of kind of the shopping presence that, uh, the wallet presence than a mom has.

Kotha also questioned whether this potential deal would change anything in the battle of Amazon vs. Walmart. The Amazon-Whole Foods combination could help simplify Target's re-modeling strategy, as there is a considerable overlap of customers between Amazon Prime subscribers and Target. "However, for any acquisition to work, Target needs to bring something to Amazon that Amazon can not achieve itself".

Amazon has not been shy in recent years about its intentions to own the local retail experience from just about every angle.

He brushed off concerns over competition, telling Bloomberg Radio: "Investors would view this as Amazon taking over the world, and that's a good thing". The commander-in-chief would certainly be vocal in his opposition to any deal Amazon might want to make, but whether that would be enough to kill a deal is arguable.

A union would also enable Amazon to leverage Target's 1,834 U.S. stores in its battle with Walmart, which has more than 4,700 U.S. stores. Last month, CFRA bank analyst Ken Leon predicted that it will purchase a small or mid-size bank.

Recommended

  • Another password flaw has been discovered in Apple's MacOS

    Another password flaw has been discovered in Apple's MacOS

    Attackers could gain access to your Mac thanks to another security flaw discovered in the latest version of its operating system. According to the bug report , users can simply open System Preferences, go to App Store settings and check the padlock icon.
    Apple to issue fix for iPhones, Macs at risk from chip bug

    Apple to issue fix for iPhones, Macs at risk from chip bug

    How do I update my software? However, Google has a list of computers that won't receive the update because they are older models. This attack allows a program to access the memory, and thus also the secrets, of other programs and the operating system.
    People of J&K will gain only from India, says Mehbooba Mufti

    People of J&K will gain only from India, says Mehbooba Mufti

    Referring to pellet guns, she said, " Twenty-two people were injured in their eyes and 4-5 of them completely lost their sight". He charged that the security situation was deteriorating in the state and the government had failed on all fronts.
  • Trump to visit border wall prototypes in San Diego

    Trump to visit border wall prototypes in San Diego

    Trump said Saturday these included included national security, infrastructure, military funding and immigration. On Tuesday, a federal judge in California declined the Trump administration's proposal to end the program.
    Arab League Requests International Aid for Palestinian State

    Arab League Requests International Aid for Palestinian State

    Pence will hold talks with Egyptian President Abdel Fattah al-Sisi, Jordan's King Abdullah and Israeli Prime Minister Benjamin Netanyahu, the White House said in a statement.
    USA  pastor gets standing ovation after admitting 'sexual incident' with teen

    USA pastor gets standing ovation after admitting 'sexual incident' with teen

    Savage's statement came after a preamble from the head pastor, in which he talked to the congregation about the power of love. A pastor at a U.S. megachurch has been given a standing ovation after admitting a " sexual incident " with a teenage girl.
  • José Mourinho reveals what Lukaku said before Everton match

    José Mourinho reveals what Lukaku said before Everton match

    Fifty per cent is 12-and-a-half silverware, 25 per cent is around six [trophies]. "If he's 25 percent, he'll be quite happy". Exhausted people, not many players to rotate, we could anticipate that Sam [Allardyce] was going to make a lot of changes.
    All the New 2018 Tech From the CES Floor

    All the New 2018 Tech From the CES Floor

    The Consumer Technology Association, which runs CES, tweeted that it was an "isolated power outage". Indeed, it was raining in Las Vegas on January 8 and 9, a rare occurrence for a desert city.
    Call of Duty WW2 Zombies - The Darkest Shore DLC Revealed

    Call of Duty WW2 Zombies - The Darkest Shore DLC Revealed

    This new content is called “The Darkest Shore” and follows our heroes into the next chapter of their unsafe journey. The Darkest Shore is the newest Nazi Zombies map coming to WWII as a part of The Resistance DLC pack.
  • Princess Charlotte's First Day of Nursery School

    Princess Charlotte's First Day of Nursery School

    The young royals are growing up! The pint-sized royal attended her first day of class at the Willcocks Nursery School on Monday. The Duchess released pictures of her newborn daughter in 2015, taken at her and William's home in Norfolk, Anmer Hall.
    'It was so ferocious': Passengers recall terrifying cruise through 'bomb cyclone'

    'It was so ferocious': Passengers recall terrifying cruise through 'bomb cyclone'

    CBS2 reached out to other cruise lines. "We were dead center of the storm and I really think it was a poor decision", Del added. Fellow passenger Emma Franzese told CBS New York once the ship docked: "I'm completely traumatized".
    Kenyan leader meets with Zuma on South Africa visit

    Kenyan leader meets with Zuma on South Africa visit

    He allowed Chief Justice Mogoeng Mogoeng to choose the judge to head up the commission and said he would continue to appeal some aspects of the court's judgment.

LiAngelo & LaMelo Ball Combine for 29 Points In Lithuania Debut LiAngelo & LaMelo Ball Combine for 29 Points In Lithuania Debut The company's logo was everywhere, including on the jerseys worn by the referees. "People back home get to watch it". Here is a look at his first shot, a 30-foot pull-up three-pointer in transition that was off the mark.

House passes pot compromise in spite of federal threat House passes pot compromise in spite of federal threat Scott had vetoed an earlier version of the bill, but his concerns were addressed in the revised legislation that passed Wednesday. A bill that would make marijuana legal for adults in Vermont received its final approval Wednesday from the Vermont Senate.

Aadhaar adds fresh security layer with 16-digit 'Virtual ID' Aadhaar adds fresh security layer with 16-digit 'Virtual ID' The spokesman said that most of the NRIs, PIOs and OCIs may not be eligible for the Aadhaar enrollment as per the Act. The second provision that the UIDAI has introduced is a limited KYC (Know your customer) service.

Robert De Niro Unloads on Trump in Unforgettable New Screed Robert De Niro Unloads on Trump in Unforgettable New Screed He referred to the leader as a "fool" and an "idiot" (adding the same expletive each time ), as well as the "baby-in-chief". The actor began by praising " The Post " and Streep's co-star, Tom Hanks , before soon digging into the president.

LG adds Google AI in 'smart home' push LG adds Google AI in 'smart home' push Google sold more than 6 million Google Home devices in the 2017 holiday season, Business Insider reported . One way Google is reportedly looking to do that is by launching a revamped online store in February.

BJP condemns Rahul Gandhi's Bahrain speech BJP condemns Rahul Gandhi's Bahrain speech Congress President Rahul Gandhi on Monday met Prince Shaikh Khalid bin Hamad Al Khalifa at Bahrain, the AICC said here. Union Law Minister Ravi Shankar Prasad said the Congress president doesn't see the work done by the BJP government.

Assassin's Creed Rogue Remastered sails for console Assassin's Creed Rogue Remastered sails for console If you do not remember, Rogue was originally released for the 360 and PS3 around the time the new generations started. It's a sort-of sequel to Black Flag , with some of the same characters and that game's excellent seafaring gameplay.

Isaiah Thomas may re-sign with Cavs regardless of LeBron James' future Isaiah Thomas may re-sign with Cavs regardless of LeBron James' future It's a heavy burden for a point guard who has played just three games since a major hip injury suffered before the deal was done. I'm not sure if that could even be considered a silver lining, but sometimes in life you just take what you can get.

Federal Court Rules North Carolina Congressional Map Unconstitutional Federal Court Rules North Carolina Congressional Map Unconstitutional There's racial gerrymandering , when mapmakers draw districts that dilute the influence of a particular race or community. The unprecedented usurping of legislative authority by Judge Wynn will most certainly be stayed by the U.S.

England Football Association Adopt "Rooney Rule" England Football Association Adopt It was named after the Pittsburgh Steelers ' legendary owner Dan Rooney, who died past year after successfully implementing the rule as a way of promoting diversity.

Western Digital's Wireless Passport SSD, And Super-Small Flash Drives Western Digital's Wireless Passport SSD, And Super-Small Flash Drives The 256GB SanDisk Ultra Fit USB 3.1 stick features a low-profile design, and is also available in smaller capacities. You can now directly access the device within third-party mobile creative apps, like FiLMiC Pro and LumaFusion.

Instagram allowing some folks to post their Stories on WhatsApp Instagram allowing some folks to post their Stories on WhatsApp There are a few reasons why Facebook may be interested in making Instagram Stories more shareable, and specifically on WhatsApp . Facebook recently let users share their Facebook Stories to Instagram , now the firm might let WhatsApp do the same thing.

Raptors' Ibaka, Heat's Johnson suspended one game each for throwing punches Raptors' Ibaka, Heat's Johnson suspended one game each for throwing punches Before practice in Toronto on Wednesday, Cavaliers coach Tyronn Lue showed his team video of the first quarter against Minnesota. On Monday night, the Raptors found themselves down 111-113 to the Brooklyn Nets with only 30 seconds left in overtime.

Citing changing attitudes, Dolly Parton's Dixie Stampede drops 'Dixie' from its name Citing changing attitudes, Dolly Parton's Dixie Stampede drops 'Dixie' from its name Music legend and celebrity Dolly Parton has altered the name of her popular tourist attraction near her hometown in Tennessee. In the article, writer Aisha Harris called the show "the Lost Cause of the Confederacy meets Cirque du Soleil".

SEGA and Creative Assembly Reveal Total War: Three Kingdoms SEGA and Creative Assembly Reveal Total War: Three Kingdoms Sadly we won't get to see any gameplay just yet, but the new cinematic trailer, seen above, is certainly worth a watch. Total War: Three Kingdoms was announced by developers Creative Assembly via a YouTube trailer.