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The discount retailer will host an accelerator program with Techstars focused on retail tech as Target looks to speed up innovation online and in stores. Target TGT -1.78% is known as a major brick-and-mortar retailer. But it also now wants to be known as a major e-commerce innovator, helping to create and use the latest state-of-the-art technology that will bring the shopping experience into line with what modern shoppers demand of retailers.

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