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On Sept. 26, Target set off a national firestorm when it said it would close nine stores in four states because theft and organized retail crime had made them too dangerous to run. Target blamed ...
Target, which operates nearly 2,000 stores in the US, in May said it was expecting to lose $500 million this year due to rising theft. “Retailers are fighting an uphill battle to contain crime.
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Despite heavy investments in security, the company continued to face "fundamental challenges" to running the stores safely, the retailer said. It operates nearly 2,000 stores across the United States.
Target expects to lose roughly $1.2 billion in profits from retail theft in 2022 and 2023. Target closes 9 stores in response to retail theft, adds locked cases at some stores [Video] Skip to main ...
The closed stores included one in Harlem, New York City; two in Seattle; three near San Francisco and Oakland, Calif.; and three in Portland, Ore. At some hard-hit stores, Target also installed ...
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 ...
Target plans to close nine stores across four states in October, the company announced in a release on Sept. 26. The stores, located in Washington, Oregon, California and New York, will close on ...