pc retailer target is turning on its favorite clients; it aims to close eight stores on the woke, west coast—and one in harlem; how long before they shutter the rest, and go all-online?

By Grand Rapids Anonymous
tuesday, september 26, 2023 at 7:41:00 p.m. edt

“(zh) retail giant target on tuesday announced the closure of nine stores in major cities across the u.s., citing violence, theft and organized retail crime. the news comes on the heels of a warning from the company that lost or stolen inventory has created a $500 million dent in profitability this year.

“‘we cannot continue operating these stores because theft and organized retail crime are threatening the safety of our team and guests, and contributing to unsustainable business performance,’ the company said in a press statement. ‘we know that our stores serve an important role in their communities, but we can only be successful if the working and shopping environment is safe for all.’

“according to cnbc, the company will close one store in harlem, two stores in seattle, three stores in the San Francisco-oakland bay area, and three more in portland, oregon.”

GRA: Can those stores be any more violent than those in chicago, baltimore, detroit or St. Louis? I wouldn’t think so—what’s up with these closings?

--GRA