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Despite store closures, shrink data is murky. Target announced the store closures on the same day the National Retail Federation, the industry’s major trade association, released its latest ...
At the time Target announced the East Harlem closure, reported petty theft incidents were down 2.5% between Jan. 1 and Sept. 24, 2023, in the area where the East Harlem store was and up 9% during ...
Target is taking action in response to retail theft.On Tuesday the big box retailer announced plans to close nine stores, effective Oct. 21. "We cannot continue operating these stores because ...
Target said Tuesday that it will close nine stores in four states, including one in New York City's East Harlem neighborhood, and three in the San Francisco Bay Area, saying that theft and ...
U.S. retailers have announced more than 7,100 store closures through the end of November 2024, a 69% jump from the same time last year, according to recent data from research firm CoreSight.
Target Canada, the Canadian subsidiary of the Target Corporation, announced on January 15, 2015, that it would close all 133 stores in Canada by April 12, 2015. [ 288 ] Teavana announced plans in 2017 to close all 379 of its stores by 2018, with parent company Starbucks citing lower mall traffic, and on August 29, 2017, Simon Property Group ...
It has not been a happy couple of years for Target. The discount retailer watched its profits slide in 2022 due to a combination of inflation, deep price cuts and excessive inventory, and though ...
Sunrise Records purchased 70 of the leases, reopening the stores under their own brand. [17] Holt Renfrew: department: August 2014: 3: Locations in Ottawa, Quebec City, and Winnipeg Holt Renfrew: department: May 2019: 1: Retailer had a downtown Edmonton store since 1950. [18] Hudson's Bay Company: department: May 2020: 1: Closure of a 207-year ...