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Target acquires Shipt, will roll out $99/year, same-day delivery


Created in 2014, Shipt lets members order groceries online from various supermarkets and then sends a shopper to pick up and delivery the items on the same day.


Shipt is based in Birmingham, Alabama, and already has partnerships with some of the big grocery chains across the country, including Costco, Kroger, Publix, and HEB.


Using Shipt's infrastructure, Target expects to offer same-day delivery of groceries, household essentials, and electronics in half of its stores across the country by the summer of 2018.


Target plans to offer the service at the majority of its stores by the 2018 holiday season and will expand the products that can be ordered for same-day delivery through 2019.


Shipt already charges $99 per year for members to get unlimited same-day grocery deliveries, and according to a Bloomberg report , Target plans to use that same pricing model for now.




READ MORE (Ars Technica)


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  • Target (TGT) PT Raised to $63 at UBS on $550M Shipt Deal; 'Acquisition ...StreetInsider.com


This post first appeared on The 5th News, please read the originial post: here

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