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Target, Best Buy to help eBay launch same-day delivery service

Ebay Inc. is teaming up with some of the nation's biggest retailers, including Minneapolis-based Target and Richfield-based Best Buy, to test a same-day delivery service, Reuters reports. The move comes as rival Amazon.com Inc., the world's largest online retailer, is building more warehouses to deliver items faster and cheaper.
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Ebay Inc. is teaming up with some of the nation's biggest retailers, including Minneapolis-based Target and Richfield-based Best Buy, to test a same-day delivery service, Reuters reports. The move comes as rival Amazon.com Inc., the world's largest online retailer, is building more warehouses to deliver items faster and cheaper.

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Wal-Mart rolls out same-day delivery service in Minneapolis

Wal-Mart Stores Inc. is testing its new same-day delivery service of select electronics, toys and other online purchases in 10 markets, including Minneapolis, the Associated Press reports. The "Wal-Mart To Go" program costs $10 for an unlimited number of items. The Arkansas-based discount chain is trying to cater to online shoppers who are turning to retail sites like Amazon.com.

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Louis Johnston, chair of the Department of Economics at the College of Saint Benedict and Saint John's University, says merging the two Minnesota-based companies could be a win-win for the state's economy. (Photo Courtesy: MinnPost illustration by Christopher Henderson)

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Best Buy CEO Hubert Joly will not be outlining his turnaround strategy with investors on Thursday in New York, Reuters reports. The Richfield-based consumer electronics retailer has canceled the meeting with Wall Street analysts while the East Coast recovers from Hurricane Sandy. A new date for the meeting has not been set.

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