Target CEO claims customers are saying 'a big thank you' for locking up merchandise
Publishing timestamp: 2023-11-15 12:38:28
Summary
Target is fighting theft at its stores by locking up everyday items, but this has led to frustration among some customers. However, the CEO claims that overall customer response has been positive and that having merchandise in stock is more important to customers. Target has blamed theft for its decision to close nine stores and has invested in improving the shopper experience.
Sentiment: MIXED
Tickers: TGT,
Keywords: retail industry, breaking news: business, target corp, earnings, business news,
Source: https://www.cnbc.com/2023/11/15/target-earnings-ceo-says-customers-thankful-for-locked-items.html