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Target acquires delivery specialist Grand Junction

Published 08/14/2017, 10:13 AM
© Reuters.  Target acquires delivery specialist Grand Junction
TGT
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  • Target (TGT +0.3%) acquires transportation technology player Grand Junction to help it accelerate efforts to transform its supply chain.
  • "Grand Junction’s technology and algorithms will help Target deliver to guests faster and more efficiently," says Target chief supply chain and logistics officer Arthur Valdez.
  • Grand Junction is already working with Target on a same-day delivery pilot at the Target store in New York’s Tribeca neighborhood.
  • Terms of the transaction weren't disclosed.
  • Source: Press Release
  • Now read: I Own This Fat 4.46% Dividend Champion In The Fire Of Nothing


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