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December 13, 2017 04:01 pm GMT

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

Target, America’s other favorite old-line retailer (the one that’s not Walmart, with the arguably better commercials), is buying the Alabama-based delivery startup Shipt in a $550 million all-cash transaction. The deal, announced today, is another example of how every single store in America is responding to the very real threat that Amazon will drink their milkshake and eat… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/7TEWnwelQio/

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