The retail giant blamed organized retail crime and unsuccessful anti-theft measures.
Target announced it will permanently close a San Francisco store at 1690 Folsom St. The retail giant is also closing stores in Oakland at 2650 Broadway and in Pittsburg at 4301 Century Blvd.The store at 1690 Folsom St. is slated to close Oct. 21. The Folsom location opened in 2019.
The retail giant also plans to close stores in Oakland at 2650 Broadway and in Pittsburg at 4301 Century Boulevard.“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 news release said. “...
The press release details other ways Target is increasing its effort to prevent crime in its stores, such as adding additional security at stores and introducing new technology. TargetThese aren’t the only stores Target is closing because of theft. The Minneapolis-based company is also shuttering a store in New York City, two locations in Seattle and three locations in Portland.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Target closing 3 Bay Area stores due to retail theft, company announces'We cannot continue operating these stores because theft and organized retail crime are threatening the safety of our team and guests.' Target says it is closing nine stores across four states due to retail theft including three in the Bay Area.
Read more »
Target to close 3 Bay Area stores, citing theft and employee safetyRetail giant Target on Tuesday announced it will shut down three Bay Area stores, saying rampant theft and organized retail crime were making it unsafe for its workers and customers and creating a business environment that was not sustainable.
Read more »
Target to close 9 stores, including 3 in the San Francisco Bay Area, citing safety concernsIt’s unclear how much money retailers broadly are losing due to organized retail crime — or if the problem has substantially increased.
Read more »
Convicted Bay Area serial killer John Getreu dies in prisonA convicted serial killer who was serving two life sentences for the rape and strangulation of two women near Stanford University 50 years ago, has died.
Read more »