Target CEO Says During First 5 Months Of This Year, Our Stores Saw A 120% Increase In Theft Incidents Involving Violence Or Threats Of Violence; Our Team Continues To Face An 'Unacceptable' Amount Of Retail Theft And Organized Retail Crime
Portfolio Pulse from Happy Mohamed
Target CEO reports a 120% increase in theft incidents involving violence or threats of violence in the first five months of this year. The company continues to face a high level of retail theft and organized retail crime.
August 16, 2023 | 12:37 pm
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Target Corporation is experiencing a significant increase in theft incidents involving violence or threats of violence. This could potentially impact the company's operations and financial performance.
The significant increase in theft incidents at Target stores could lead to increased security costs and potential loss of sales. This could negatively impact the company's financial performance in the short term. The news is highly relevant as it directly involves the company and its operations.
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