Target To Shutter 9 Stores, Pointing To Organized Theft

September 27, 2023 / no comments

Target Corp. is planning to close nine locations in four states in October, citing organized retail theft. The stores are in New York, Seattle, the Bay Area and Portland, Oregon.
“Before making this decision, we invested heavily in strategies to prevent and stop theft and organized retail crime in our stores, such as adding more security team members, using third-party guard services, and implementing theft-deterrent tools across our business,” the company said in a statement.
“Despite our efforts, unfortunately, we continue to face fundamental challenges to operating these stores safely and successfully.”
This isn’t the first time that the retail giant has complained about…