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Target's Shipt appoints new CEO

Target Corp. said March 11 Kelly Caruso will become the CEO of its same-day delivery platform Shipt, effective immediately.

Caruso was the senior vice president of Target's merchandising and hardlines.

Shipt founder and CEO Bill Smith will step down from the role. He will continue to serve the company as an adviser.

The Minnesota-based retailer bought Shipt in December 2017.