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same-day delivery services

Target to buy Shipt for $550 million

Target to buy Shipt for $550 million

MINNEAPOLIS — Target Corp. has agreed to acquire the same-day delivery company Shipt Inc. for $550 million in cash. Target said Wednesday that it will use Shipt’s proprietary technology platform and community of shoppers, along with its store network, to quickly and efficiently bring same-day delivery to consumers nationwide. Plans call for Target to offer