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Target to Close Stores in San Francisco, Portland, Ore., Citing Crime Problems

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Target to Close Stores in San Francisco, Portland, Ore., Citing Crime Problems

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https://www.wsj.com/business/retail/target-to-close-stores-in-new-york-san-francisco-citing-safety-theft-concerns-ce3b5c3f

 1. Business
    
    --------------------------------------------------------------------------------

 2. Retail


TARGET TO CLOSE STORES IN SAN FRANCISCO, PORTLAND, ORE., CITING CRIME PROBLEMS


RETAILER IS CLOSING NINE TOTAL STORES, INCLUDING IN NEW YORK CITY, AS
THEFT-PREVENTION EFFORTS HAVE BEEN INEFFECTIVE

By

Ben Glickman


Updated Sept. 26, 2023 4:45 pm ET

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Target said theft at the stores was ‘threatening the safety of our team and
guests.’ Photo: Scott Olson/Getty Images



Target TGT -2.48%decrease; red down pointing triangle
plans to close nine stores across four states, citing elevated levels of theft
and safety concerns for its shoppers and employees.



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