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Tuesday, June 25, 2024

Target makes an extreme move to cut retail theft

Target makes an extreme move to cut retail theft

The retailer has taken a step that Walmart, Kroger, Best Buy and other retailers have not.

Target has a theft problem — or at least the retailer’s executives want you to believe it does.

The company has repeatedly pointed to shoplifting and organized retail crime as a growing problem that has hurt the chain’s bottom line. To address the issue, the retailer at some locations has locked up items in certain categories and limited how many items customers can take through self-checkout.

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