Target has a new $550 million weapon to defeat Walmart and Amazon

  • Target is buying Shipt, a platform that enables same-day delivery.
  • The acquisition will allow Target to deliver groceries, furniture, and other products the same day that customers order it.
  • Shipt will continue to work with other retailers for now.

Target has announced it is acquiring the delivery platform Shipt, drastically increasing the retailer’s ability to make same-day deliveries across the US.

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