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Target Corp. is weighing a new paid membership program akin to Amazon Prime or Walmart+ as it looks for ways to fuel growth and compete against bigger rivals, according to people familiar with the matter.

It would be similar to Amazon Prime and Walmart+

Target did not immediately respond to a Reuters request for comment. It will be a late entrant into the market of paid membership and will have to compete with Amazon's Prime, Walmart Plus and Kroger's Boost programs. Paid memberships usually get customers access to free deliveries on their orders, while getting additional deals and discounts, driving more revenue for companies.

Target is weighing a new paid membership program for its customers. It would be similar to offernigs from Amazon and Walmart - offering free shipping, plus…

Targets new program, internally titled as Project Trident, could launch as soon as this year.

Target is weighing a new paid membership programme for its customers similar to Amazon and Walmart, Bloomberg News reported.

Target is weighing a new paid membership program for its customers similar to Amazon and Walmart, Bloomberg News reported Wednesday, citing people familiar with the matter.

Would you pay for a Target membership?

A childhood fascination with Big Ben in London has led David Houiellebecq to a career he loves as a watchmaker at Hettich, repairing and restoring timepieces. Emily Moore reports FOR most people crossing Westminster Bridge on their regular trips in a...