Retail News

Analyst says Shipt gives Target a competitive edge

Yahoo Finance 05/13/2021

Goldman Sachs retail analyst Kate McShane thinks that Target’s ownership of Shipt, the same-day delivery service, provides it a competitive edge over retail rivals that rely on third-party providers. “Target’s ownership of Shipt reduces some of the cost disadvantages of using third parties and minimizes the barrier on data sharing,” said Ms. McShane.

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