UPDATE: The truth about Target
popular.info
On September 26, Target announced it was closing nine stores "because theft and organized retail crime are…contributing to unsustainable business performance." Target said that before making the decision to shutter the stores, it had "invested heavily in strategies to prevent and stop theft and organized retail crime." But ultimately, Target claimed, those efforts failed to make those stores "successful."

Never trust the corporations excuses.

PS: I wasn’t sure if this was a good fit for this community, but I couldn’t think of another. Any suggestions?

  • MrZee@lemm.eeEnglish
    111·
    1 year ago

    I’ve read a few articles on this over the last few days. I feel like this one (and it’s well cited references) finally gets me to the point of being confident that Target is full of shit.

    The articles I read before this tended to be vague and focusing on data that is at least a year old if not from 2020 which, while helpful context, doesn’t do much to counter the claim of rapidly growing theft. Additionally, they often focused on national trends instead of store or store-area specific analysis. A particular store or area can have a big problem even if regional or national numbers don’t show the same issue.

    This didn’t mean that I thought target was telling the truth—just that there was still room for doubt about the article’s conclusions.

    I really like the crime data analysis linked in the article, which is looking at very recent crime data for a couple of the specific stores cited by Target. That analysis is very strong evidence that Target was full of shit… along with Targets continued failure to actually produce any of their own data supporting their claim.

    • draneceusrex@lemmy.world
      41·
      1 year ago

      I have a friend that is a DM of a rapidly expanding gas station/restaurant chain here in southeast. They just opened self-checkout lanes in their stores. I asked about theft/shrink and he said it’s a tiny part of their bottom line at this point in a GAS STATION, and with the traffic they are getting, the convenience/cost of labor makes up for it in spades. Target, Walmart and the like are full of shit.