Target closes 9 stores in San Francisco, Seattle, Portland and New York due to retail theft and crime

"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. With that said, we have made the difficult decision to close nine Target stores across four states, effective Oct. 21."

"In this case, 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. 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."

You can read the entire, lengthy press release here:

https://corporate.target.com/press/releases/2023/09/Target-Closes-Select-Stores-to-Prioritize-Team-Mem