Amazon And Wal-Mart Might Be Fighting Over Nordstrom Next

by MR Magazine Staff

After Amazon announced its plan to acquire Whole Foods, the market started buzzing about the internet giant’s next potential acquisition. Then there’s big-box retailer Wal-Mart, which has also been on a buying spree of late. The two companies are competing for the same shoppers, as one attempts to step into the other’s core area of focus — Wal-Mart growing its e-commerce platform, and Amazon expanding a portfolio of real estate. All things considered, location intelligence company Foursquare, which is able to track where users are “checking in,” has made a prediction of the retailers it believes Wal-Mart and Amazon might go after next. “We can make informed recommendations about which brands Amazon and Walmart should target next using our proprietary data-driven insights,” Foursquare CEO Jeff Glueck said in a blog post Wednesday. Read more at CNBC.