Target Agrees to Buy Software Company as It Chases Amazon

Target, looking to improve its digital business amid increased competition from Amazon, has agreed to acquire a software company that manages local and same-day deliveries. The discount chain is buying Grand Junction, a San Francisco-based startup that links retailers and other distributors to a network of more than 700 carriers across North America. Grand Junction currently handles the same-day delivery service for Target's store in Manhattan's Tribeca neighborhood. The deal is part...