MINNEAPOLIS – Target Corp. is acquiring Grand Junction, a San Francisco-based transportation technology company, as the Minneapolis-based retailer looks to expand its delivery capabilities.
Grand Junction has already been working with Target on a small same-day delivery pilot out of its store in New York City’s TriBeCa neighborhood. Arthur Valdez, Target’s chief supply chain and logistics officer, said the retailer will tap Grand Junction’s expertise to roll out that service throughout the city this fall and to other cities next year.
In a blog post on Target’s corporate website, Valdez said Grand Junction will help Target offer product assembly, installation and other services.
“Grand Junction’s technology and algorithms will help Target deliver to guests faster and more efficiently,” Valdez said in a statement. “This acquisition is part of Target’s ongoing efforts to strengthen Target’s supply chain to provide greater speed, reliability and convenience for guests.”
