Skip to main content

Target Launches Website To Gobble Up Startups’ Ideas

By

Best Buy isn’t the only retailer looking to work with hot new startups, Target was just a bit more quiet about the whole thing. Last week the big box retailer stealthily launched a website aimed at collecting ideas from startups interested in working with the company. 

The website solicits pitches from early-stage companies that are looking to run pilot programs that would enhance customers’ experiences with the retailer, the Minneapolis Star Tribune reports.

Unlike Best Buy’s recently announced plans that would put new products on shelves, Target’s “Pitch to Pilot” initiative isn’t a way for companies to hawk product ideas, but instead to provide insight on services the retailer could one day offer in stores or online.

Pitch to Pilot is Target’s way of dealing with an influx of information from startups, that are apparently dying to work with the retailer ever since it launched its Techstars accelerator program last year.

That program, which recently graduated its first class of 11 startups — has received interest from more than 500 tech-based startups with ideas about how to impact retail—from supply chain to data analytics to new ways to integrate digital and in-store experiences.

“A lot of it was people reaching out over email or through LinkedIn or if they knew somebody at Target,” a spokesperson tells the Tribune. “And you never know if you’re reaching out to the right person.”

Target’s new website — startup.target.com — will formalize the process for these companies, as they will fill out a pitch form. Target claims it will respond within 30 days.

Target sets up website to invite pitches from startups [Minneapolis Star Tribune]


by Ashlee Kieler via Consumerist

Comments

Post a Comment

Popular posts from this blog

Chrysler Deletes Its Dating Apps, Decides To Remain Single For Now

By
They say you can’t have a healthy relationship until you’re happy with yourself. That appears to be the new mantra for Fiat Chrysler: After several attempts to woo General Motors and more recently Volkswagen , the carmaker’s top executive says he plans to ditch his lovelorn ways to concentrate on his company’s bottom line.  Bloomberg reports that CEO Sergio Marchionne has turned his focus to eliminating FCA’s debt rather than eliminating its single status. Marchionne has set a goal of erasing FCA’s debt by 2019, the same year he’s set to retire. To do that, he says the company needs to do a little work on itself. “We need to be very careful that we don’t start unrealistic dreams about consolidation as we are on our way to achieve historically important results and a debt-free position,” Marchionne told investors at the carmaker’s annual meeting in Amsterdam, as reported by Bloomberg. “We are not at a point of time to discuss any alliance.” Yes, you heard that right: The man w...
Post a Comment
Read more

Study Claims 43% Of “Wild” Salmon In Stores & Restaurants Isn’t Wild At All

By
That wild salmon entrée calling to you from the menu at dinner might not be all it’s advertised. In fact a new study released Wednesday found evidence of mislabeling in nearly half of all salmon sold in restaurants and grocery stores.  The study [ PDF ] from international environmental advocacy group, Oceana, analyzed 82 salmon samples from restaurants and grocery stores, finding that 43% of the products were mislabeled. DNA testing confirmed that 69% of the mislabeled product consisted of farmed Atlantic salmon being sold as wild-caught product. According to the report, consumers satisfying their salmon craving in restaurants are misled about 67% of the time, while those who buy their seafood in a grocery store are misled 20% of the time. “Americans might love salmon, but as our study reveals, they may be falling victim to a bait and switch,” Beth Lowell, senior campaign director at Oceana, said . “When consumers opt for wild-caught U.S. salmon, they don’t expect to get a far...
Post a Comment
Read more

Introduction to Biology (IX Biology Notes Chapter 01)

By
Science: Our universe operates under certain principles. For understanding of these principles, the experiments are done and observations are made; on the basis of which logical conclusions are drawn. Such a study is called "Science". In brief science is the knowledge based on experiments and observations. Biology: The Scientific study of living organisms is called Biology. The word biology is derived from two Greek words "bios" meaning life and "logos" meaning thought, discourse, reasoning or study. It means that all aspects of life and every type of living organism are discussed in biology. Branches of Biology: Biology is divided into following branches: Morphology The study of form and structure of living organisms is called morphology. It can be further divided into following two parts: 1. The study of external parts of living organism is called external morphology. 2. The study of internal parts of living organism is calle...
Post a Comment
Read more