As retail earnings kick off this week, investors will be watching closely to see whether organized retail crime is still casting a shadow over the sector. Crime has been a hot topic in recent earnings seasons, cited by major retailers such as Target Corp. TGT. In August, when Target reported second-quarter results, CEO Brian Cornell reiterated his previous comments about inventory “shrink,” saying that the company is facing an “unacceptable amount” of retail theft and organized retail crime .
But analysts say there is much more to retail-industry shrink than just thef
Source: News Formal (newsformal.com)
Retail Earnings Organized Retail Crime Theft Investors
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