Target: ‘Retail Organized Crime’ Caused Staggering $400M Lost Profits This Year
Target stores are looted, and it takes away a huge chunk of profit. The discount retailer told reporters on a call to discuss its third quarter results that reduced inventory – or disappearance of merchandise – had reduced its gross profit margin by $400 million so far in 2022. . “There are a handful of …
Target: ‘Retail Organized Crime’ Caused Staggering $400M Lost Profits This Year Read More »