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Target: 'Organized retail crime' drove astounding $400 million loss in profits this year
Yahoo finance ^ | 11/16/2022 | Brian Sozzi

Posted on 11/16/2022 5:08:36 AM PST by MrRelevant

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To: V_TWIN

I don’t often shop at Target but I did several days ago & was so shocked at the price of what I wanted that I ended up ordering it online; something i would rarely do. Most of the time they don’t have what I want anyway as our Target is not a Super Target.


21 posted on 11/16/2022 6:00:30 AM PST by oldtech
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To: oldtech

I doubt there’s anything target has that Walmart does not and then some.

With all its warts......I’ll take Walmart over target any day.


22 posted on 11/16/2022 6:07:07 AM PST by V_TWIN (America...so great even the people that hate it refuse to leave)
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To: MrRelevant

And Target deserves it.


23 posted on 11/16/2022 6:08:06 AM PST by Vision (Elections are one day. Reject "Chicago" vote harvesting. Election Reform Now. Obama is an evildoer.)
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To: MrRelevant

Need more trannies in the women’s room, that should help.


24 posted on 11/16/2022 6:09:11 AM PST by mykroar (what is extraordinarily important is this—who will count the votes, and how. - J0eStalin)
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To: MrRelevant

Woke tax.


25 posted on 11/16/2022 6:09:45 AM PST by Leep (Hillary will NEVER be president! 😁)
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To: Pete Dovgan

LOLOL!!!!!

(FTX...!!!!!!!)


26 posted on 11/16/2022 6:22:07 AM PST by YouGoTexasGirl ( )
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To: MrRelevant

The democrats wanted it that way. In some areas, they don’t prosecute for thefts under $950. This is an open invitation to the criminals to waltz right in and take what they want from their “oppressors”. A form of reparations.


27 posted on 11/16/2022 6:26:15 AM PST by I want the USA back (Our news media isn't worth camel spit. Neither is the democrat party. )
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To: V_TWIN

Agreed ... Wal-Mart has the same stuff as Target but is pretty unpretentious about it.

It’s been so long since I’ve been at Target I didn’t realize the bathrooms were messed up.

Now I won’t feel safe.

Not going.


28 posted on 11/16/2022 6:27:58 AM PST by Cloverfarm (Pray for the peace of Jerusalem ...)
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To: MrRelevant

hoisted by their own WOKE petard


29 posted on 11/16/2022 6:38:43 AM PST by joshua c (to disrupt the system, we must disrupt our lives, cut the cable tv)
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To: DCBryan1

Check


30 posted on 11/16/2022 7:46:41 AM PST by Vaduz (LAWYERS )
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To: MrRelevant
I wonder if Target passes this loss on to customers.

To some extent. They have insurance to cover the losses, but the cost of insurance and constantly increasing security measures (driven by the demands of the insurance carrier) cut into store profits. Wages are raised for employees in part because the stress of facing criminals makes them want to quit. But of course it’s the stockholders, which means anybody who has a retirement mutual fund that invests in retail, pays the price as well as the real shoppers.

31 posted on 11/16/2022 8:29:58 AM PST by ottbmare (the OTTB mare)
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To: oldtech

#21 In Calif and elsewhere you can steal $950 a day and not go to jail!!!

I bought a new blanket for my bed this past weekend. It was $49.99 at Target and would not be delivered for 6 days but Amazon had the same one at $39.99
I bought from Amazon and they delivered the next day, on a SUNDAY!

I missed going to Target to see men going into the womens bathroom chasing after children....

Target one day may end up like Sears and Kmart etc.


32 posted on 11/16/2022 9:02:28 AM PST by minnesota_bound (Need more money to buy everything now)
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To: MrRelevant

Didn’t Target get woke, a few years ago?


33 posted on 11/16/2022 9:04:30 AM PST by Jane Long (What we were told was a “conspiracy theory” in 2020 is now fact. 🙏🏻 Ps 33:12)
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