Target says it will close nine stores in major cities, citing violence and theft

Target closing stores for theft

Target is closing nine stores in four states, including one in East Harlem, New York and three in San Francisco, saying that theft and organized retail crime have threatened the safety of its workers and customers.

Target reported this Wednesday that it is closing nine stores in key cities in the United States due to the wave of looting and violence unleashed in recent days. The wave of crime in retail stores in the United States has brought some of its stores to Target. In this regard, the company points to theft and systematic crime as the main causes, raising questions about the safety of its employees, customers and the overall viability of its busines…

Target to close 9 stores, including 2 in Seattle, citing safety concerns

The closures in Seattle are slated for the U District and Ballard.

Crime concerns prompt Target to close some stores

New York (CNN)  Targets decision to close nine of its stores in major cities, citing persistent large-scale theft at those locations is the latest signal that retailers may be struggling in their battle to contain a growing and dangerous problem.Industry experts say even a small increase in crime can have massive, cascading effects that cause retailers to close stores.Its proof that store crimes are reaching a new level, said Burt Flickinger, re…

Target to close 9 stores, including 3 in the San Francisco Bay Area, citing safety concerns

It’s unclear how much money retailers broadly are losing due to organized retail crime — or if the problem has substantially increased.

Target to close 9 stores, including 3 in the San Francisco Bay Area, citing safety concerns

It’s unclear how much money retailers broadly are losing due to organized retail crime — or if the problem has substantially increased.