Business, Logistics

Target Soars as Rosy Full-Year Outlook Follows Brisk Holiday Sales

Target Mark Kauzlarich/Bloomberg News

Target Corp. jumped the most in more than two months as it followed up strong holiday sales with upbeat projections for the current year, distancing itself from the travails of mall-based department stores.

Matthew Boyle | Bloomberg News
March 5, 2019
Business, Logistics

Target Expands Free Delivery to Seize Market Share Opportunity

Target store Paul Sakuma/Associated Press

Target Corp. is expanding perks like free two-day delivery to snag as much as possible of the $100 billion in sales the company sees up for grabs from retailers that have gone under.

Matthew Boyle | Bloomberg News
October 23, 2018
Business, Logistics

Target to Buy Shipt for $550 Million in Challenge to Amazon

Michael Nagle/Bloomberg News

Target Corp. agreed to purchase grocery-delivery startup Shipt Inc. for $550 million, stepping up its challenge to Inc. by speeding the rollout of same-day shipping.

Alan Levin | Bloomberg News
December 15, 2017
Business, Logistics

Target Acquires Software Firm Grand Junction With Sights Set on Amazon

Target sign Tim Boyle/Bloomberg News

Target Corp. agreed to acquire a software company that manages local and same-day deliveries in a bid to keep pace with Amazon and Wal-Mart.

Matthew Boyle | Bloomberg News
August 15, 2017

Shipping Wars: Target Seeks Edge Over Wal-Mart With Free Holiday Shipping

Tim Boyle/Bloomberg News

Target Corp. is bringing back free delivery for the holidays — a strategy it hopes will give it an edge over Wal-Mart Stores Inc., which is eschewing special shipping offers and encouraging online shoppers to pick up items at brick-and-mortar stores.

Shannon Pettypiece and Christie Boyden | Bloomberg News
October 30, 2015