Author’s Note
This article is based on corporate postings and accredited media reports. Linked information within this article is attributed to the following outlets: The-Sun.com, WWeek.com, and Adobe Stock.
Introduction
Target has unexpectedly announced it is permanently closing three prominent Portland, Oregon stores on October 21st.
Let us explore.
Target, 2023
According to a September 26th report from The-Sun.com, ongoing crime such as shoplifting is the major reason given for the upcoming closures.
As excerpted from the report, quoting an official Target statement on the matter: "We cannot continue operating these stores because theft and organized retail crime are threatening the safety of our team and guests, and contributing to unsustainable business performance," Target said in a news release. “We know that our stores serve an important role in their communities, but we can only be successful if the working and shopping environment is safe for all.”
According to a WWeek.com report, the upcoming Oregon closures are as follows: Target will close three of its Portland locations next month, including the downtown Target store on Southwest Morrison Street... The other two locations closing are on Southeast Powell Boulevard and in the Hollywood neighborhood.
Conclusion
This is a developing story. In the event of further updates regarding this matter, I will share them here on NewsBreak.
Thank you for reading.
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