Target Acquiring Same-Day Delivery Service Shipt for $550 Million to Fend Off and Walmart - Modern Materials Handling

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Target Corp. has agreed to purchase grocery-delivery startup Shipt Inc. for $550 million, stepping up its challenge to .com Inc. and Walmart Inc. by speeding the rollout of same-day shipping.

Target expands same-day delivery option in battle with Walmart

Target's $550M Retail Technology Investment Ties it Up With Walmart and in the Delivery Race

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Shipt is an underappreciated growth engine for Target's sales

Target is buying Alabama-based, same-day delivery service Shipt for $550 million

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Walmart - Wikipedia

Target's Shipt same-day delivery service will expand to take on and Walmart - The Verge

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