Discount retailer Target to acquire online grocery delivery service Shipt

Discount retailer Target to acquire online grocery delivery service Shipt

Retail acquisition news : American discount store retailer Target has struck a deal to acquire online grocery delivery service Shipt for $500 million with an intention to strengthen its fulfillment capabilities. Shipt, which is headquartered in Birmingham, Alabama, was founded in 2014. It is a membership-based online grocery marketplace and same-day delivery platform. The online […]