Shipt
2017
$550M
Why
Accelerate same-day delivery.
Impact
Made same-day delivery a central part of Target's omnichannel model.
Target Corporation
Explore Target
Core profile pages, annual revenue records, and related research hubs for this company.
Target Corporation
Explore Target
Core profile pages, annual revenue records, and related research hubs for this company.
Acquisitions
3
Total Acquisitions
$550M
Disclosed Deal Value
2017
$550M
Accelerate same-day delivery.
Made same-day delivery a central part of Target's omnichannel model.
2017
Improve last-mile delivery technology.
Supported fulfillment and delivery capabilities.
2013
Expand beauty e-commerce capabilities.
Added specialty digital commerce experience.
Target is focusing on merchandising authority, guest experience, technology acceleration, team and community strength, stores-as-hubs, same-day fulfillment, retail media and owned-brand renewal.
Target's model combines large-format stores, digital commerce, store-based fulfillment, owned brands, loyalty, same-day services and retail media. Stores are both shopping destinations and local fulfillment nodes.
The 2017 Shipt acquisition gave Target an immediate same-day delivery platform.
Deals matter because Target uses acquisitions to strengthen fulfillment, digital convenience and category capabilities.
Target is not a roll-up, but it uses targeted deals when they accelerate omnichannel strategy.
The profile includes selected acquisitions and strategic deals in the acquisitions section.