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Confirmed closures include:
- East Harlem, New York
- Seattle, Washington (2 locations)
- Portland, Oregon (3 locations)
- San Francisco & Oakland, California (3 locations)
These closings took effect in late 2023, and Target said it would offer employee transfers to other nearby locations when possible. (Forbes)
📍 Why These Closures Are Happening
- Frequent organized retail crime and shoplifting
- Threats to employee and customer safety
- Unsustainable financial performance due to repeated losses
In a statement from the company, officials explained that continued crime activity made operations at these stores untenable despite efforts to boost security. (Forbes)
🧭 What Isn’t Happening: Large-Scale Store Cuts
It’s important to note that Target is not shutting down hundreds or thousands of stores nationwide. According to recent retail industry forecasts, Target is projected to close only a small number of existing stores while planning new openings in other markets. (rs-api.retailstat.com)
In fact, the company has plans for more than 40 new store openings in 2026, suggesting its overall footprint is shifting but growing in many regions. (the-sun.com)
📊 Retail Trends Behind the Closures
Target’s closures come amid broader retail pressures:
- Rising retail theft and losses industry-wide
- Higher operating costs for in-store security
- Changing shopping patterns with more digital purchases
Across all retail sectors in 2025, thousands of stores from major brands have shut or announced plans to close as part of restructuring efforts. (Business Insider)
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