Target says it will close nine stores in major cities, citing violence and theft
Publishing timestamp: 2023-09-26 15:09:15
Summary
Target is closing nine stores across the country due to safety threats, violence, theft, and organized retail crime. The company has been outspoken about the impact of crime on its stores and has taken measures to address the issue. The closures come as Target faces challenges in its business, including unsold inventory and a pullback in consumer spending. The company supports legislative reform to combat organized retail crime and is working to provide opportunities for affected employees to transfer to other locations.
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Keywords: target corp, breaking news: business, san francisco, walmart inc, retail industry, walgreens boots alliance inc, nordstrom inc, business, new york city, business news,