Target Acquiring Shipt; Other Retailer Partnerships Will Continue

Target Corp. has agreed to acquire Shipt Inc., an online same-day delivery platform, for $550 million in cash. Target says it will leverage its network of stores and Shipt’s proprietary technology platform and community of shoppers to quickly and efficiently bring same-day delivery to guests across the country. The acquisition significantly accelerates Target’s digital fulfillment efforts, … Continue reading Target Acquiring Shipt; Other Retailer Partnerships Will Continue