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

TikTok to fight US ban law in courts
STMicro cuts FY revenue outlook as slowing car demand bites
Tesla driver in Seattle-area crash that killed motorcyclist told police he was using Autopilot
Spurred by teen girls, US states move to ban deepfake nudes
DR Congo accuses Apple of using ‘blood minerals’ from war-torn east
German police swoop on Nigerian dating scammers
74-year-old US woman charged in armed robbery of credit union was scam victim, family says
In which country do people spend the most time on screens?
How streaming is boosting esports
LG Energy Solution to minimise capex this year due to slow EV demand

Others Also Read