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Target Acquisition Focuses on Same-day Delivery
by Nicholas Saraceno |
December 28, 2017
Target Corp. (Minnesota) announced it has agreed to acquire Alabama-based Shipt, Inc., an online same-day delivery platform, for $550 million in cash. Target 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 […]
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