Target and Amazon Enterprise Solutions Extend E-Commerce Agreement

MINNEAPOLIS & SEATTLE -- Target Corp. and Amazon Enterprise Solutions yesterday extended their e-commerce relationship to August 2010, adding two years to the original agreement in which the Amazon.com-owned e-commerce solutions provider will handle the retailer's online operations.

Under the terms of the amended agreement, Amazon Enterprise Solutions will continue to provide e-commerce technology solutions in addition to providing portions of Target.com's order fulfillment and guest services operations in exchange for fixed and variable fees.

"Through our association with Amazon Enterprise Solutions, Target has enjoyed tremendous growth and provided our guests with a superior online shopping experience," said Dale Nitschke, president of Target.com. "We are pleased that Target will be able to remain focused on our core strengths of merchandising and design, while continuing to benefit from Amazon's innovation and expertise."

Amazon Enterprise Solutions, part of the Amazon.com group of companies, works with retailers to help grow their online and multi-channel businesses. It allows retailers to combine their own brands with the e-commerce expertise, technology, and operational infrastructure of Amazon. Amazon Enterprise Solutions is part of the Amazon.com, Inc. group of companies.

Target Corp. currently operates 1,418 Target stores in 47 states.

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