Flash Delivery: Target and Shipt, which the retailer acquired in December, are launching same-day delivery in Florida next week. "Florida’s growing community of Shipt members continues to be loyal and enthusiastic about the service, and we look forward to expanding throughout the state with our newest retail partner, Target," said Shipt founder and CEO Bill Smith in a statement. Per eMarketer Retail's companies database, Target's comparables grew 0.9% in Q3 2017.
A New Pair? The Kroger Co. is reportedly in talks to partner with Alibaba in a move to take on Amazon, which acquired Whole Foods Market last year. While conversations are still in the initial stage, a source familiar with the rumored alliance said several Kroger executives met senior Alibaba execs in China last month, Reuters reports. According to our companies database, Kroger's comparables rose 2.4% in Q3 2017.