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Tag: Target

Target Closing 9 Stores Citing Retail Theft and Violence

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.

The Biggest News in Loss Prevention: June 24-30

Police Recover $7M Worth of Nike Sneakers in Los Angeles | $1.5M in Stolen Appliances Found in Washington Man's Home, Police Say | 18 People Arrested After LA Police Bust Retail Theft Ring

The Biggest News in Loss Prevention: June 17-23

Search Underway for Thieves Who Stole 45 Guns during Heist | 7-Eleven Clerk Fatally Shot During Robbery in Dallas | 18 People Arrested After LA Police Bust Retail Theft Ring

The Biggest News in Loss Prevention: June 10-16

Congress Weighs Federal Response to High Retail Crime Rates | LGBTQ+ Target Employees Share Their Experiences During Pride Month | Fired Clerk Sues Circle K Over Shoplifting Policy

LPM Magpie Awards: Oscar Arango, LPC, Excellence in Leadership

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 Predicts $1.3B Profit Loss from Theft

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.

Attracting and Developing Diverse Talent: Target’s AP Leader Oscar Arango

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.

Bankruptcy Was Top Theme among Influencer Conversations on Department Stores

An analysis shows that discussions were up as global iconic retailers such as Neiman Marcus, JCPenney, and Pier 1 filed for bankruptcy.
mask wearing in retail

The Conundrum Facing Retailers with the Divisive Issue of Mask Wearing

On one hand, criminals prefer wearing masks, while on the other hand, some customers refuse to wear masks and can become violent when asked.

Sustainability Is All the Rage in Retail. Where Does LP Fit In?

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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