Target Takes a Page Out of Wal-Mart’s Acquisition Playbook
Target has for the past few months been reinvesting in itself, rolling out its own private-label brands and keeping especially quiet on the acquisition front, with rival Wal-Mart on a buying spree. Until now.
Target announced plans on Monday to acquire Grand Junction, a San-Francisco based transportation technology company whose software manages retailers' local deliveries. This partnership will allow Target to send packages to guests faster and more efficiently, according to Target's chief supply...