Target rose as much as 2.4 percent to $62.47 on the news, while the shares of Shipt’s existing retail partners Kroger Co. “While it will not affect Target’s capability this holiday season, the fact that Target will have this service in place during 2018 will significantly improve its online competitive position,” Charles O’Shea, an analyst at Moody’s Corp., said in a note. The service - costing $99 a year for unlimited deliveries - will initially encompass categories like groceries, household essentials, and electronics before expanding to all major product groups by the end of 2019. The deal will give Target same-day delivery at about half of its 1,834 stores by next summer, with the number growing to a majority of stores in time for next year’s holiday season. “With Shipt’s network of local shoppers and their current market penetration, we will move from days to hours, dramatically accelerating our ability to bring affordable same-day delivery to guests across the country,” John Mulligan, Target’s chief operating officer, said in a statement.
#Shipit target software#
also offer same-day service, keeping pace with Amazon.Īs reported by Bloomberg, four out of five shoppers want same-day shipping, according to a survey by fulfillment software maker Temando, but only half of retailers offer it. Target now offers same-day delivery in New York City and can send orders from 1,400 of its stores.Ĭompetition in this space is growing fiercer as rivals Walmart Inc. "I am grateful to the team for their dedication and drive, to our retailer partners for their partnership and trust they place in us each and every day, to the Birmingham community that has embraced all of us and to Shipt Shoppers who are out in communities each and every day bringing the magic.“With Shipt’s network of local shoppers and their current market penetration, we will move delivery from days to hours” John Mulligan, Target’s chief operating officer "Leading the Shipt business and team has been one of the true highlights of my career," said Caruso. "With momentum in our business and a talented, purpose-driven team, I'm confident Shipt will continue to stand out as the premier choice for same-day delivery for both our loyal customers and expanding network of retail partners." "The incredible growth Shipt has realized reflects the strength of its differentiated business model and the value its network of personal shoppers delivers to millions of customers with each and every delivery – and I couldn't be more excited to lead the company into its next chapter," said Witherspoon. The company said that, since 2020, it has tripled its network of shoppers and doubled its retail partners to offer same-day delivery. Shipt, which is run independently in Birmingham, Ala., has grown from serving dozens of markets to now reaching nearly 300 metropolitan areas nationwide. Kamau's operational expertise and vision for the future will build on Shipt's momentum as an innovative last mile company." "Under Kelly's strategic leadership, Shipt has experienced more growth than at any point in its history by bringing a personalized shopping experience to millions more U.S. "Kamau's vast experience leading teams and operations at scale will help drive Shipt's continued growth and deepen the commitment to its team, partners, customers and shoppers," said John Mulligan, Shipt board chairman and Target COO.
The new CEO will take the helm of Shipt on the heels of its biggest national expansion in three years. Witherspoon also held the position of chief restaurant excellence officer for the KFC U.S. Previously, he was senior VP, operational performance and readiness at UnitedHealthcare. since 2018, responsible for the discounter's operational planning and prioritization, partner operations, M&A integration, and process improvement initiatives across supply chain, stores and properties.
Most recently, Witherspoon has served as senior VP of operations at Target Corp. She will remain in an advisory role during the transition.
He will succeed Kelly Caruso, who took the reins at Shipt in 2019 after working 22 years at Target. The same-day delivery and last-mile company, which was acquired by Target in 2017, has appointed Kamau Witherspoon as CEO, effective March 1. Shipt is getting a new chief executive in March.
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