Target to Buy Shipt for $550 Million in Challenge to Amazon

Target Corp. agreed to purchase grocery-delivery startup acquired software company Grand Junction, which also manages local and same-day deliveries. Target now offers same-day delivery in New York City and can send orders from 1,400 of its stores. Competition in this space is growing fiercer, though, as rivals Wal-Mart Stores Inc. and Best Buy Co. also apparel, have sent retailers scrambling to improve their online offerings. E-commerce sales are up about 17 percent this holiday season, according to Adobe Systems Inc., and online merchants racked up a record $6.59 billion on…

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Odds and Ends 

Report: UberRush will stop handling restaurant deliveries

Uber plans to close its UberRush courier service to restaurant deliveries, according to a report in Quartz. Instead, restaurants will be encouraged to use UberEats, the companys food delivery service,instead. The move is noteworthy because restaurants were one of UberRushs key clientele when it launched in October 2015 as a competitor to Postmates, Delivery.com and other on-demand delivery services. In fact, Quartzs sourcestwo Uber employeessaid restaurant deliveries made up most of UberRushs orders. Clients have been told that it will stop handling restaurant orders after May 8, but continue to…

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