Target Cites Retail Theft for Store Closures, But Crime Stats Paint a Complex Picture
October 10, 2023
Business Insider
Target’s recent announcement of store closures attributed to theft raises questions, as crime data doesn’t fully support this claim. While incidents of nonviolent shoplifting or violent robberies are not distinctly higher in closing stores compared to those staying open, the company maintains that theft has led to a significant increase in missing inventory. This move highlights growing concerns about the safety of shoppers and employees in retail spaces.
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