Originally published in Retail Dive by Daphne Howland

 

Target last week scooped up same-day delivery platform Shipt for $550 million in cash, just four months after buying same-day transportation technology company Grand Junction for an undisclosed amount.

Both acquisitions show how serious Target is about strengthening its ability to provide customers with speedy and convenient fulfillment of online orders — a proposition that has been shaped largely by Amazon, but increasingly, Walmart too. And Target’s customers have been demanding it, according to John Mulligan, Target’s chief operating officer.

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