Target Corp’s TGT 2.70% agreement to acquire Grocery Delivery Startup Shipt Inc. takes consolidation in the retail-fulfillment arena to a new level, expanding the competition that so far has seen Amazon.com Inc. and Wal-Mart Stores Inc. pull together services aimed at getting goods to customers’ homes faster and more efficiently.
Inditex is being whipsawed by several big international forces, including shifting currency values, but some analysts believe the cost of Delivery for its growing online sales also is cutting into profits.
From the nationalization of a shipyard in France to strict new rules for chocolates made in Italy, new barriers are going up in the supposedly borderless 28-country European Union, the WSJ’s Valentina Pop writes.
The Swiss mining giant is already benefiting from a coming boom in electric-vehicle production, which is driving up the value of commodities critical to the vehicles, the WSJ’s Scott Patterson reports, giving a company that built its profile on coal a big stake in technology meant to curb global warming .
The company now is projecting strong surges in production of copper, cobalt and nickel, growth that will ripple across commodity supply chains and reset distribution channels to funnel the metals to factories that make batteries for the new generation of cars.
- Target Buys Grocery Delivery Company Shipt For $550MCBS Minnesota / WCCO
- In brief: Target to buy Shipt for $550 millionPittsburgh Post-Gazette
- Target buys same-day delivery service ShiptWNEM Saginaw
- Target to buy Shipt for $550 millionThe Daily Nonpareil
- Target aims to boost same-day delivery by acquiring ShiptPost-Bulletin
- Target sets sights on Amazon with same-day delivery plansMashable
- Target to Buy Grocery Delivery Startup Shipt for $550 MillionFox Business
- The Briefcase: Novant Health's available on Amazon's AlexaWinston-Salem Journal
- Target plans to give customers same-day deliveryLongview News-Journal