Target and Shopify Team Up: New Sellers and Products Coming to Target Plus What’s Happening with Giant Retailer Target and E-Commerce Company Shopify Shares on Monday? – Shopify (NYSE:SHOP), Target (NYSE:TGT)

Shares of the retail giant Target Company plane ticket AND Shopify Inc STORE They are seeing higher prices today before the opening.

Target announced a partnership with global marketplace Shopify to offer select popular retailers and their products on Target Plus, a curated digital marketplace.

This partnership aims to expand Target Plus with new, trendy products and brands such as True Classic and Caden Lane, providing consumers with a wider range of affordable and high-quality options.

Target will also become the first major retailer to integrate select Shopify seller products into its physical stores in the coming months.

The initiative will enable shoppers to discover new brands in stores, improving their shopping experience with innovative products.

Shopify sellers in the US can apply to sell on Target Plus through Marketplace Connect, an app that helps you seamlessly manage sales and orders on leading marketplaces.

Read also: How Target’s innovative strategy solves its multibillion-dollar inventory crisis: report

Launched in 2019, Target Plus offers a curated collection of products that reflect Target quality and value. There are over 2 million products from many brands available on the platform.

The partnership with Shopify aims to further expand this assortment, providing consumers with even more premium and direct-to-consumer brands.

Cara Sylvester, Target’s executive vice president and chief guest experience officer, said: “Target Plus invites consumers to explore a curated collection of products from suppliers we trust so they can shop our selection with confidence.”

Shopping at Target Plus allows consumers to enjoy their favorite Target benefits, including 5% off with the Target Circle Card, free shipping on orders over $35, and free returns.

Target shares are up more than 8% over the last 12 months. Investors can gain exposure to stocks through VanEck’s retail ETF RTH AND Consumer Staples Select Sector SPDR Fund XLP.

Reduction: TGT stock is trading up 0.60% at $147.00 and SHOP is up 1.63% at $66.10 pre-market at last check on Monday.

Reservation: : This content was created in part using AI tools and reviewed and published by Benzinga editors.

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