This article is based on corporate postings and accredited media reports. Linked information within this article is attributed to the following outlets: MercuryNews.com and ScrapeHero.com.
Three Bay Area Target stores unexpectedly and permanently shuttered last month due to crime, most commonly shoplifting.
This week has come an announcement of just how many jobs have been lost due to the criminal acts.
For perspective, per ScrapeHero.com’s most recently-updated store location count: There are 1,965 Target stores in the United States as of November 06, 2023. The state with the most number of Target locations in the US is California, with 319 stores, which is about 16% of all Target stores in the US.
Let us explore.
According to a November 16th updated report from MercuryNews.com, the shuttered Target stores are the following:
- 4301 Century Blvd., Pittsburgh; 106 jobs cut
- 2650 Broadway, Oakland; 69 layoffs
- 1690 Folsom St., San Francisco; 63 jobs cut
Total Bay Area jobs lost due to crime at the three locations alone: 238.
That figure, however, does not tell the full story. Hundreds of other job losses of associates involved with the three closed Target stores are now also losing their jobs.
As excerpted from the report: Target's decision to close three crime-plagued stores will erase hundreds of jobs in the Bay Area, state filings show... "Our team continues to face an unacceptable amount of retail theft and organized retail crime," Brian Cornell, Target's chief executive officer, said an a conference call with Wall Street analysts in August.
This is a developing story. In the event of pertinent updates to this matter, I will share them here on NewsBreak.
Thank you for reading.