In September, Target had announced the closure of nine stores in four states, citing ongoing problems with theft and “organized retail crime.”
PORTLAND, Ore. — A months-long investigation by CNBC found that Target’s explanation for closing several storefronts nationwide, including three in Portland, might be a smokescreen for economic problems unrelated to theft and shoplifting.
In September, Target announced the closure of nine stores in four states, citing ongoing problems with theft and “organized retail crime.” Those stores were located in Portland, Seattle, San Francisco and New York City.
In Portland, these included the Galleria location downtown, as well as the small-format locations on Southeast
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