Global Retail Alliance
info@gra.world
  • Login
  • Register
  • Newsletter
  • Virtual Library
  • Choose your country
    • Australia
    • Brazil
    • China
    • Poland
    • Latin America
    • Middle East
GRAGRA
  • Home
  • Membership
    • Silver
    • Gold
    • Platinum
  • Event
  • News
  • Retail Tour
    • Our Tours
    • Europe Retail Tour
    • Retail Tour – New York
    • Retail Tour – Düsseldorf
  • Contact
  • Home
  • Membership
    • Silver
    • Gold
    • Platinum
  • Event
  • News
  • Retail Tour
    • Our Tours
    • Europe Retail Tour
    • Retail Tour – New York
    • Retail Tour – Düsseldorf
  • Contact

Innovation & Technology

  • Home
  • Innovation & Technology
  • Target Aims to Boost Same-Day Delivery by Acquiring Shipt

Target Aims to Boost Same-Day Delivery by Acquiring Shipt

  • Categories Innovation & Technology
  • Date December 15, 2017
  • Comments 0 comment

Target plans to boost its same-day delivery capability by paying $550 million for Shipt, its latest move to try to catch up with Amazon.

Shipt, which charges members $99 a year, sends people out to choose and deliver groceries from stores. Target said Wednesday that it will add more products to the service next year, such as home goods and electronics. Target shoppers will have to make orders through Shipt’s app or website and pay the annual fee to get same-day delivery. There are plans to incorporate Shipt into Target’s app and website, but the companies did not say when that would happen.

Retailers have been looking for ways to speed up delivery as they try to match the fast service offered by Amazon.com Inc. Earlier this year, Target bought a delivery logistics company to offer same-day service to in-store shoppers.

Minneapolis-based Target expects half of its 1,800 stores to offer Shipt’s service by next summer. It’ll be available at most of its stores by the 2018 holiday shopping season, it said.

“This is yet another example of a brick-and-mortar retailer leveraging its physical assets to improve its online offerings,” said Moody’s retail analyst Charlie O’Shea.

Shipt, founded in 2014, will operate independently from Target and remain in its headquarters in Birmingham, Alabama. Shipt said it will keep working with other retailers, such as Costco and Meijer. Shipt said it won’t share customer data from Target’s rivals with its new owner.

Source: NY Times

  • Share:
gsiino

Previous post

Spotlight: Global Holidays Windows 2017
December 15, 2017

Next post

Asics Opens Flagship on New York’s Fifth Avenue
December 15, 2017

You may also like

panarea-bread
Panera Bread will use palm-scanning technology for its loyalty program
24 March, 2023
Senza-titolo-1
The 10 most innovative companies in retail for 2023
2 March, 2023
IKEA-Meta
Ikea teams with Meta and Warpin Reality to launch AR experience in Swedish stores
23 February, 2023

Leave A Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search News:

News category:

News Archive:

Last News:

UK retail sales boosted by second-hand and discount stores
24Mar2023
Panera Bread will use palm-scanning technology for its loyalty program
24Mar2023
Celine Shop-In-Shop Opening – Paris
15Mar2023
Private labels: the future of luxury department stores?
06Mar2023
Euroshop 2023! Top 75 Specialists & Key Highlights
04Mar2023

© 2022 Global Retail Alliance | info@gra.world | Privacy Policy