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Amazon Should Just Blow Everyone's Minds and Buy Struggling Macy's

If opposites attract then maybe dominating online retailer Amazon (AMZN) should link up with struggling traditional retailer Macy's (M) .

At least that's what a number of influential investors and analysts are saying right now.

"I think it absolutely could happen," Amplify ETFs CEO Christian Magoon told TheStreet. While Amazon just gained a chunk of physical locations in the U.S. last month with its acquisition of high-end grocer Whole Foods (WFM) , it's still going to need more physical spaces to further improve its already impressive delivery speeds, Magoon pointed out. Whole Foods has 466 locations in North America and the United Kingdom. Macy's has 700 department stores and 125 specialty stores.

Amazon would take Macy's in a new direction, he said. Macy's used its stores mainly as a showroom and secondarily as a place to stock inventory. But Amazon could use the locations for a number of purposes, including drop-off locations for drone deliveries. In addition, Amazon will need physical spaces to host its version of Best Buy's (BBY) Geek Squad, or a gadget repair service that Recode reported Amazon is currently working on based on job notices for IT professionals.

The two companies coming together would be slightly awkward considering Amazon is the main reason Macy's...


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