Target closes 9 locations over rising retail theft, crime in Blue Cities
Target (TGT) announced the closure of nine of its U.S. locations, citing safety concerns for its employees arising from retail theft and organized crime. Target previously made efforts to combat theft, but these measures proved ineffective. Team members affected by the closures will be provided the option to transfer to another company store. Within the past year, inventory shrinkage has cost the company approximately $700 million. Yahoo Finance Reporter Brooke DiPalma explains the impact of retail theft on Target and other major retailers, revealing staggering losses amounting to $112 billion with 67% of these losses directly linked to incidents of retail theft, as reported by the NRF. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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ConservativeTribune
6 years agoTarget Closing Stores
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Rumblestuff
8 months agoTarget — which announced its 9 stores will be closed due to theft has been looted in Philadelphia
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The Western Journal
6 years agoTarget Closing 12 Stores Across the US
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CarterFarr
8 months agoWhy Target Stores Are Closing (DO THIS ASAP)
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Movies, Videos, News and More
3 months agoTarget Stores closing…but not why you think
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AP4Liberty
8 months ago $63.46 earnedTarget Looted After Closing Stores in Democrat Cities Over Crime
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galacticstorm
8 months agoTARGET Closes Stores Across US Due To THEFT & RIOTS | CVS Shutters 900 Stores
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DustyVisionTV
2 months ago99 CENT STORES CLOSING ALL STORES DUE TO THEFT
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B.C. Begley
1 year agoTarget CEO warns rising crime, retail theft will hit profits
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galacticstorm
4 months ago26 Stores are Leaving NYC… Because of Theft
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