Target agrees to buy same-day delivery startup as it steps up Amazon fight
- Wednesday, August 16th, 2017
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US discount retailer Target is looking to step up its game, as Amazon continues to its journey to take over the retail sector, with the purchase of local and same-day delivery software company Grand Junction.
Target has agreed to acquire the San Francisco-based startup that links retailers and other distributors to a network of more than 700 carriers across North America. It also already handles a same-day delivery service for Target’s store in Manhattan’s Tribeca neighbourhood.
The amount set to be paid by Target has not been disclosed but Grand Junction’s 13 employees will relocate to Target’s San Francisco office. According to Valdez, Target will expand its same-day delivery service to other New York City stores by October, before rolling out to other US cities next year.
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