“For more than a month, we’ve been experiencing a significant and alarming rise in theft and security incidents at our San Francisco stores, similar to reports from other retailers in the area,” a Target spokesperson told NBC Bay Area in a statement Friday night. “Target is engaging local law enforcement, elected officials and community partners to address our concerns. With the safety of our guests, team members and communities as our top priority, we’ve temporarily reduced our operating hours in six San Francisco stores.”
The outlet noted that the retail chain will close at least five of its locations in San Francisco several hours early – at 6 p.m. instead of 10 p.m. Target already shuttered one of its Bay Area stores in response to the rising theft.
As The Daily Wire previously reported, other stores in San Francisco have already responded to increase in shoplifting by closing stores.
The increase in shoplifting has caused Walgreens to close 17 locations in San Francisco over the past five years. It still has 53 locations.
Jason Cunningham, regional vice president for pharmacy and retail operations in California and Hawaii, told the San Francisco Chronicle in May that closing the stores in San Francisco was an “unpopular and difficult decision” but that theft in San Francisco stores was four times the national average. He also said Walgreens was spending 35 times more on security guards in San Francisco than anywhere else.
CVS has faced a similar problem in the Bay Area, with 42% of its losses in the area coming from 12 stores, which accounted for just 8% of the market share. Brendan Dugan, director of organized retail crime and corporate investigations, said security guards hired by CVS and Walgreens have been assaulted. He added that the majority of shoplifting incidents at CVS came from opportunists but that professional crime accounted for 85% of dollar losses.
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