Target CEO unfazed by Amazon-Whole Foods deal


  • TECH
  • Wednesday, 19 Jul 2017

Target CEO Brian Cornell speaks at Fortune Brainstorm Tech Conference on July 18, 2017 in Aspen, Colorado. / AFP PHOTO / Robert LEVER

ASPEN, United States: US retail giant Target’s chief executive Brian Cornell played down Amazon’s massive deal to acquire grocery chain Whole Foods, arguing that it “validates” his company’s business model. 

”It wasn’t a surprise that that deal took place,” Cornell told a forum at the Fortune Brainstorm Tech conference in Aspen, Colorado. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Computer-generated fake nudes discovered by victims on the Internet, Florida cops say
SK Hynix to invest $3.86 billion in DRAM chip production base in South Korea
Trend Micro: Malaysia records 69% decline in ransomware detections in 2023
Australia’s top spy urges big tech to unravel encrypted chats
74-year-old accused of robbing bank at gunpoint may have been victim of scam, US cops say
Filtronic's shares surge 50% on deepening supply deal with Musk's SpaceX
Italy fines Amazon 10 million euros for alleged unfair commercial practices
Americans’ new TV habit: Subscribe. Watch. Cancel. Repeat.
Google postpones phasing out of ad cookies in Chrome browser
Girl in China dips feet into lake at historic Beijing site, says family is rich so can do as she pleases after warning

Others Also Read