New Report Contradicts Official Reason Behind Target Closings
Minneapolis, Minnesota — Data does not support Target’s claim that it’s closing stores due to theft, a new report finds — while others accuse the corporation of financial fraud, saying it is fudging its finances and falsely flagging shoplifters.
Due to “organized retail theft,” Target announced in September that it was closing nine stores, along with three in Portland, Oregon that closed in October.
The independent media watchdog Popular Information breaks down crime statistics at six of the nine stores Target is shuttering and found that there are other different reasons than the official one the retailer gave for the closures.