Target Is Morphing Into Amazon in One Important Area

The same-day grocery-delivery battle heats up. Target Corp. announced Thursday, May 31, it will expand its same-day delivery service, Shipt, into the Midwest. Customers in Kentucky, Illinois, Indiana, Wisconsin, Missouri, Michigan and Ohio metro areas can start placing grocery orders starting June 14. The Minneapolis-based retailer acquired Shipt for $550 million [...]

2018-06-01T23:04:03+00:00June 1st, 2018|Tags: , |

Target is launching same-day delivery to take on Amazon— here’s where you can try it first

Shipt is hitting Target. Shipt’s same day shipping will be available for customers its first 57 Target stores in Birmingham, Alabama and South Florida on February 1. Target acquired the service in December for $550 million. Later in February, Target’s website said that Shipt’s service will expand to areas of Georgia, North Carolina, South Carolina, [...]

2018-01-26T19:34:08+00:00January 26th, 2018|Tags: , |

Target to Buy Grocery Delivery Startup Shipt for $550 Million

Target Corp. is paying $550 million to acquire grocery delivery startup Shipt Inc., moving to match services that have been rolled out by rivals Amazon.com Inc. and Wal-Mart Stores Inc. Shipt, like rival Instacart, uses thousands of contractors to buy products at retail stores and deliver them to customers. It charges a [...]

2017-12-18T18:24:56+00:00December 18th, 2017|Tags: , |

Grocery delivery startup Shipt raises $20M to compete with Instacart

Grocery delivery startup Shipt raised $20.1 million in funding Wednesday to offer up competition to Instacart. Greycroft Partners, Harbert Growth Partners and e.ventures participated in the Series A round. The company has raised $25.3 million to date. CEO Bill Smith founded the startup in 2014 and launched in Birmingham, Alabama. [...]

2016-07-28T20:10:52+00:00July 28th, 2016|Tags: , |