Several stores will close in October because of organized crime and theft.
. In a statement released in September, the retailer said it was making the"difficult decision" to close the shops due to concerns regarding"the safety of our team and guests."
"At Target, we take the decision to close stores very seriously, and only do so after taking meaningful steps to invest in the guest experience and improve business performance," the statement reads."We have made the difficult decision to close nine Target stores across four states, effective October 21.
The company said it had"invested heavily in strategies to prevent and stop theft and organized retail crime" before making the decision. It added more security staff and installed anti-theft tools, but said the closing stores"face fundamental challenges." A Target store in Los Angeles, California, before the start of business on August 17, 2022. Nine stores will close due to theft and concerns for the safety of shoppers and staff., all Target staff employed at the nine locations have been offered jobs at other stores.
Target CEO Brian Cornell said earlier this year that closing branches of Target was something the company wanted to avoid. Speaking to CNBC, he said:"We do not want to close stores. We know how important our stores are. They create local jobs, they generate taxes, they're very important for those local shoppers, and they play a critical role in communities across the country.".
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