Wagerallsports
- Joined
- Mar 6, 2018
- Messages
- 56,992
Target has announced plans to close nine stores, effective Oct. 21.
"We cannot continue operating these stores because theft and organized retail crime are threatening the safety of our team and guests, and contributing to unsustainable business performance," Target said.
Theft of merchandise would cut profits by $500 million this year. In 2022, profits took a $700 million hit.
"Despite our efforts, unfortunately, we continue to face fundamental challenges to operating these stores safely and successfully,"
The location of the stores?
Harlem, New York
2 in Seattle, Washington
3 In San Francisco and Oakland
3 in Portland, Ore
"We cannot continue operating these stores because theft and organized retail crime are threatening the safety of our team and guests, and contributing to unsustainable business performance," Target said.
Theft of merchandise would cut profits by $500 million this year. In 2022, profits took a $700 million hit.
"Despite our efforts, unfortunately, we continue to face fundamental challenges to operating these stores safely and successfully,"
The location of the stores?
Harlem, New York
2 in Seattle, Washington
3 In San Francisco and Oakland
3 in Portland, Ore
