Target: Shipt to continue to run business independently post-acquisition
Shipt will be a wholly owned Target subsidiary, and will continue to run its business independently. It also plans to expand partnerships with other retailers seeking same-day, last-mile capabilities. All current Shipt employees will continue to be employed by Shipt and will work from their current offices in Birmingham and San Francisco. CEO Bill Smith will remain in his current role, and will report to Target COO, John Mulligan. In addition to same-day delivery capabilities, Target will also leverage Shipt's expertise as the company enhances and strengthens its supply chain, including integration with the recently acquired transportation technology company, Grand Junction.