Target Corporation (NYSE:TGT) debuted a next-day delivery service on household essential items, with rollout in Minneapolis and select Minnesota markets.
- Target Restock is response to Amazon’s Prime Pantry home delivery service, TechCrunch reports
- New service enables shoppers to fill a box with household items and have it shipped to them
- Only available to Target REDcard holders, for now; other payment options available at checkout
- Some brands, products not available through service, including produce, fresh groceries
- At $4.99 fee. service is $1 cheaper than Prime Pantry. Both services have 45-lb. box limit
- Target has been testing delivery options since 2013
- TGT stock up <1% in pre-market trading; up 3.6% in last five days
- InvestorPlace, June 23: Hit the Target Corporation (TGT) Stock Bull’s-Eye
