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

Target is buying Alabama-based same-day delivery service Shipt for 0 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



Source: techCrunch

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