Target CFO: Shrink, or retail theft, is still a significant obstacle for the retailer
Published
Inventory shrink, including retail theft, is still weighing on Target (TGT). In 2023, Target faced multiple headwinds, as tightening financial conditions dragged down its top and bottom lines. Higher inventory shrink — loss of items to retail theft, organized crime, damage, vendor fraud, and other…
#targettgt #target #michaelfiddelke #q3 #inventory #janehaliassociates #jessicaramírez #yahoofinance #harlem #ny