Target Shipt appoints new CEO
Shipt, the same-day delivery service owned by Target, has appointed Target veteran Kelly Caruso as its new CEO, succeeding founder Bill Smith, who will continue in an advisory role. Most recently, Caruso was SVP of hardlines for Target, responsible for developing the merchandising and guest experience strategies for toys, electronics, and entertainment.
Shipt was founded by Smith in 2014 in Birmingham, Ala., with proceeds from a previous startup. It was acquired by Target in 2017 and operates as an independent subsidiary. Target has helped to grow Shipt into a leading same-day delivery marketplace across the country - scaling to more than 250 markets.