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Target announced that it is closing nine stores across four states, effective Oct. 21. The company said it cannot continue operating these stores because theft and ORC are threatening the safety of its employees and guests.
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The LP Magazine "Magpie" Awards offer a means to celebrate industry accomplishments on an ongoing basis, recognizing the loss prevention professionals, teams, solution providers, law enforcement partners, and others that demonstrate a stellar contribution to the profession.
Target has announced its first quarter 2023 financial results, where it predicted this year’s profitability will be reduced by $500 million more than last year because of shrink. The company lost as much as $800 million from inventory shrink in 2022.
Oscar Arango is vice president of assets protection at Target. His thirty years of experience includes loss prevention management roles with Timberland and Urban Outfitters prior to Target.
An analysis shows that discussions were up as global iconic retailers such as Neiman Marcus, JCPenney, and Pier 1 filed for bankruptcy.
On one hand, criminals prefer wearing masks, while on the other hand, some customers refuse to wear masks and can become violent when asked.
A hot topic at NRF 2020 in January, sustainability may be the most fashionable retail business trend going—at least prior to the coronavirus crisis....
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