Target says it will close nine stores in major cities, citing violence and theft
- Target stores in Portland and other major cities are closing due to an increase in theft and organized retail crime, which has threatened the safety of employees and customers.
- Target is taking a stand against retail crime by explicitly blaming it for the store closures and supporting a bill for stiffer penalties for theft offenses.
- Despite efforts to address the issue, including increased security and theft-deterrent tools, Target concluded that these measures were insufficient to combat the rising crime rates.
139 Articles
139 Articles
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…
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…
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