Tech Insider
Empty shopping cart sits next to empty pens at Target store on Black Friday
Target is closing nine stores in four states. It says theft and organized retail crime are threatening safety.

Shannon Stapleton/Reuters

  • Target will close nine stores in New York, Seattle, Portland, and the Bay Area due to crime.
  • "Theft and organized retail crime are threatening the safety of our team and guests," the company said.
  • CEO Brian Cornell previously said retail theft is driving $1.2 billion in missing inventory this year.

Target will close nine locations in four metro areas as a result of "unsustainable" levels of organized retail crime, the company said Tuesday.

Tags
Retail, Target, organized-retail-theft, organized-retail-crime, Theft, Shoplifting
Source
Target to close 9 stores across 4 states, citing retail crime. See the full lis…