August 15, 2017
Target Corp. is acquiring Grand Junction, a San Francisco-based transportation technology company that facilitates same-day deliveries. The acquisition expands the Minnesota retailer’s delivery capabilities, while also accelerating its investments and ongoing efforts to transform its supply chain.
“Grand Junction’s technology and algorithms will help Target deliver to guests faster and more efficiently,” said Target’s Arthur Valdez (pictured below left). “This acquisition is part of Target’s ongoing efforts to strengthen Target’s supply chain to provide greater speed, reliability and convenience for guests.”
Grand Junction offers a software platform that’s used by retailers, distributors and third-party logistics providers to manage local deliveries through a network of more than 700 carriers. Currently, Grand Junction is working with Target on its same-day delivery pilot at the Target store in New York’s Tribeca neighborhood. Upon deal close, Grand Junction’s 13 employees will become Target team members.
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