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Why Target bought delivery startup Shipt

Target Corp., No. 20 in the Internet Retailer 2017 Top 500, embraces change, said CEO Brian Cornell at Shoptalk in Las Vegas this week. Take, for instance, the retailer’s December acquisition of Shipt to beef up its same-day delivery capabilities. The $550 million all-cash deal will let Target customers order groceries and other goods online, and then have the items […]

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