YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Target lost an additional $500 million from organized retail crime at its stores in its fiscal first quarter compared with a year earlier.
"The problem affects all of us, limiting product availability, creating a less convenient shopping experience and putting our team and guests in harm’s way," CEO Brian Cornell said.
Lost inventory reduced the company's first-quarter profits by 1% compared with last year.
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