And year on year we continue to see increases ," Cornell said.īrian Sozzi is Yahoo Finance's Executive Editor. It'll vary by market, individual store, but the trends have been very persistent. "So it is widespread, and I can tell you, as I talk to my retail peers, is that it's a common theme across all of retail. The company - similar to other big-box chains - has also resorted to locking up items like mouthwash to reduce theft. Cornell said he doesn't want to close locations, given their importance to the community.Īs Target decides whether to vacate these hotbeds of crime, it said would look to improve worker training and add more "asset protection" employees to the locations. Target declined to say whether it would close stores in high-crime cities. A view of the infant formula aisle at a Target store in Times Square, New York City, New York.
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