Politicians wanted this, politicians created this.
Look at the cities that are losing the stores.
From Yahoo Finance, September 26:
Retail theft is now a $112 billion problem, a National Retail Federation report found.
Target (TGT) is taking action in response to retail theft.
On Tuesday the big box retailer announced plans to close nine stores, effective Oct. 21.
"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 statement.
The stores set to close include one in Harlem, N.Y; two in Seattle, Wash.; three near San Francisco and Oakland, Calif.; and three in Portland, Ore. All "eligible" employees will be offered the opportunity to transfer to other Target locations, the company said.....
....MUCH MORE
