- 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.
With a price of $550 million, it's one of the largest acquisitions in Target's history, the retailer said.
Shipt will supercharge Target's same-day delivery efforts, enabling same-day delivery at half of Target stores by early next year. Target's plan is to have a same-day delivery offering in almost all stores and all major cities across the US by the 2018 holiday season.
)
)
)
For now, same-day delivery will be limited to