Reply to What is wrong with Americans? Target lost $400M due to mass theft

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]NP. Perhaps this has been said above but Target has $100+B in annual sales revenue. 0.4% theft or shrinkage doesn’t seem all that surprising. Sometimes it’s important to put big numbers in context. This is just clickbait. [/quote]

Isn’t the point that some of the stores are more highly targeted and the risk is that the companies will decide to just close those stores?  I remember when I moved to DC in the early 90s and there were almost no stores in the cities.  There was woodies downtown and the nice hardware store at DuPont but otherwise I used to rent a car for the day (weekend rates from enterprise!) to drive out to seven corners to buy things like towels and trash cans and desk lamps. I  guess with Amazon it’s not as big a deal now to lose urban retail?[/quote]

Off the top of my head: There was Hechts/Macys. Then Filenes. Garfinkel’s. Raleigh’s. Brooks Brothers. Ann Taylor. Talbots’. Britches. With Pentagon City a couple of Metro stops away for Nordstrom. Plus [/quote]

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