Target to Close Stores in Response to Rising Theft and Retail Crlme

Target is closing nine stores across four states due to rising theft and organized retail crime. Despite adding security staff, advanced surveillance, and third-party protection, losses made operations unsustainable. The closures, mainly in high-crime urban areas, reflect a national trend of organized retail theft affecting major retailers. Target says it explored all options before deciding to close and will offer affected employees jobs at nearby stores. The company stresses its commitment to local communities and urges stronger collaboration to combat organized theft and protect retail operations.