Shipt, Target Execs Address The Company’s Growth Plans In Birmingham

| July 11, 2018 @ 5:00 am

By Michael Tomberlin

Shipt’s roots in Birmingham are deep and the company’s chief executive and its new owner want to strengthen that connection.

“We are committed to Shipt and we are committed to Birmingham,” Minsok Pak, chief strategy and innovation officer at Target, told an audience at Alabama Power’s corporate headquarters July 10. “We know that this is home. We know that this great company has come out of home. To see us and what Shipt can bring to our fulfillment capabilities and how it supports our strategy and how quickly we’ve been able to scale that, we’re real excited by that.”

Target announced in December that it was purchasing Shipt, a Birmingham-based grocery delivery startup, for $550 million. Shipt continues to operate as an independent company with its own leadership team.Shipt founder and CEO Bill Smith said the company’s very essence is a result of starting and growing in Birmingham.

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