Target buys same-day delivery service

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5 Stunning stats about Target

Target wants to offer same-day delivery service for online purchases.

The traditional brick-and-mortar retailer announced a $550 million purchase of Shipt, which it said will allow its customers to get same-day delivery from about half of its stores by early 2018. By next year’s holiday shopping season, Target (TGT) should be offering same-day delivery from a majority of its stores and in all major markets.

CNNMoney (New York) First published December 13, 2017: 11:26 AM ET

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