A row of Target shopping carts
"During the first five months of this year, our stores saw a 120% increase in theft incidents involving violence or threats of violence," Target CEO Brian Cornell said Wednesday.
  • Target says it's seeing more than twice as many theft incidents involving violence or threats of violence this year.
  • "Safety incidents associated with theft are moving in the wrong direction," CEO Brian Cornell said.
  • Cornell previously said inventory shrink — which includes theft — could reach $1.2 billion this year.

Shoplifting and organized theft are not only getting more expensive for Target, the company says incidents are getting more dangerous for workers and customers.