Deals

Target Agrees to Buy Software Firm to Compete With Amazon

Retailer will purchase Grand Junction, a San Francisco startup
The tech company helps manage same-day delivery of web orders

Pedestrians walk past the Target Corp. logo reflected in a window at City Point in the Brooklyn borough of New York, U.S., on Tuesday, July 18, 2017. Bloomberg is scheduled to release consumer comfort figures on July 20.

Photographer: Mark Kauzlarich/Bloomberg

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By Matthew Boyle

August 14, 2017 at 1:00 PM UTC

Updated on

August 14, 2017 at 4:28 PM UTC

This article is for subscribers only.

Target Corp., looking to improve its digital business amid increased competition from Amazon.com Inc., agreed to acquire a software company that manages local and same-day deliveries.

The discount chain is buying Grand Junction, a San Francisco-based startup that links retailers and other distributors to a network of more than 700 carriers across North America. Grand Junction currently handles the same-day delivery service for Target’s store in Manhattan’s Tribeca neighborhood.