Target says it will close nine stores in major cities across four states because of theft and organized crime
Target is closing nine stores in major cities across four states, claiming theft and organized retail crime have made the environment unsafe for staff and customers – and unsustainable for business.
The big box chain is part of a wave of retailers – both large and small – that say they’re struggling to contain store crimes that have hurt their bottom lines. Many have closed stores or made changes to merchandise and layouts.
Nevertheless, skeptics say stores have not provided enough information to back up their claims, and at least...