UPDATE 1-Target to buy grocery app Shipt, vows same-day delivery by end-2019
December 13, 2017 at 11:52 AM EST
CHICAGO, Dec 13 (Reuters) - Target Corp will buy grocery delivery platform Shipt Inc for $550 million in cash, it said on Wednesday, promising same-day delivery of all goods by the end of 2019 to lure customers that have turned to online retailers such as Amazon.com Inc.