Read the story here. Advertise at Before It's News here.
Profile image
By Freedom Bunker
Contributor profile | More stories
Story Views
Last hour:
Last 24 hours:

Target Finally Gets Serious About Out-Of-Control Thefts, Lowers Intervention Threshold To Just $50

% of readers think this story is Fact. Add your two cents.

Target Finally Gets Serious About Out-Of-Control Thefts, Lowers Intervention Threshold To Just $50

A new Bloomberg report reveals that retailer Target is finally cracking down on thieves by lowering the staff intervention threshold from $100 to $50. Target management has complained on earnings calls about ‘shrink’ in recent quarters and surging thefts that have squeezed margins. 

People familiar with the new policy say employees will soon be able to intervene and halt criminals from leaving the store with as little as $50 in stolen goods. The previous threshold was $100. They say the new policy will be enforced this summer. 

Target operates nearly 2,000 stores in the US and has warned investors countless times about damaging shrink—inventory loss due to theft, damage, and other factors—which has squeezed profit margins. 

In March, Target Executive Vice President Michael Fiddelke said the company lost $500 million more in shrink in 2023 than in 2022. 

The company expects shrink to a peak in 2024 as it works with policymakers and various cities to address out-of-control thefts. 

Progressive lawmakers in states that ignored law and order only emboldened criminals to pillage retail stores as criminal and social justice reforms backfired. California decriminalizing thefts under $950 has been one of the biggest policy failures.

The National Retail Federation has previously stated that shrink accounted for $112.1 billion in losses in 2022, up from $93.9 billion in 2021. Failed progressive policies have sparked unprecedented levels of theft.

Bloomberg data shows that the number of ‘shrink’ mentions on earnings calls began rising in 3Q22, peaking at nearly 600 in 3Q23, but remains elevated. 

In response, retailers have shut down stores in crime-ridden areas and locked up entire aisles of high-value items. A lawless society, due to failed progressive policies, cannot economically thrive. It’s time for Americans to demand law and order. 

Tyler Durden Fri, 06/28/2024 – 14:25

Read More…


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Lion’s Mane Mushroom Nootropic

Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, But it benefits growth of Essential Gut Flora, further enhancing your Vitality.

Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity.

Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins.

Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system.

Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome.

Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function.

Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Load more ...




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.