University City Target location is scrapped in crime-plagued Philadelphia neighborhood - after chain shuts down locations across America as profits shrink from theft

Trending 10 months ago
  • Target will nary longer unfastened a shop adjacent successful University City, a crime-ridden vicinity of Philadelphia
  • In September, Target announced 9 shop closures crossed nan state owed to unit theft
  • CEO Brian Cornell has antecedently said convulsive crime successful stores is costing millions

By Rachel Bowman For Dailymail.Com

Published: 17:04 EDT, 2 November 2023 | Updated: 17:04 EDT, 2 November 2023

Target has canceled plans for an under-construction shop successful a crime-ridden Philadelphia vicinity arsenic nan concatenation continues to shutter stores owed to unit theft. 

The caller shop was group to unfastened adjacent nan University of Pennsylvania field at 3701 Chestnut Street aft nan institution closed its shop successful nan Center City vicinity earlier this year.

Target did not springiness a circumstantial logic for their determination to extremity nan Chestnut Street store, being built adjacent to a 14-story flat building. 

However, successful September Target officials announced they were closing 9 stores full crossed New York City, Seattle, San Francisco and Portland, because 'theft and organized unit crime are threatening nan information of our squad and guests.'

'We routinely measure our existent projects and person made nan determination to nary longer prosecute a shop successful this location,' Target spokesperson Jim Joice told nan Philly Voice.

'We cannot proceed operating these stores because theft and organized unit crime are threatening nan information of our squad and guests, and contributing to unsustainable business performance,' Target said of nan 9 closures.

ALMA architecture created a rendering of nan Philadelphia Target that nan institution is abandoning earlier its opening

'We cognize that our stores service an important domiciled successful their communities, but we tin only beryllium successful if nan moving and shopping situation is safe for all.'

When nan institution closed their Center City location they cited a deficiency of ft postulation successful nan area and constricted parking adjacent arsenic reasons why nan shop underperformed, according to nan Philly Voice.

Target CEO Brian Cornell  has antecedently said violent crime successful stores is costing millions.

In May, Target projected to suffer $500 cardinal a twelvemonth to convulsive shoplifters, coupled pinch a $700 cardinal inventory shrinkage from past twelvemonth - owed successful portion to supply chain chaos mostly triggered by nan pandemic - nan retailer has seen a whopping $1.2 cardinal spell up successful smoke.

The institution has implemented methods to forestall and extremity theft and organized unit crime, including added security, utilizing third-party defender services and theft-deterrent devices for illustration keeping products locked successful displays.

Employees astatine a San Francisco location of nan shop person said they are getting robbed each 10 minutes.

In August, melodramatic footage captured nan infinitesimal a Target shoplifter was nabbed by cops after he stole a TV, only to return to bargain a 2nd 1 moments later.

A Target shop successful San Francisco locked its full merchandise scope down information solid arsenic crime successful nan metropolis spirals retired of control. A video posted connected TikTok connected April 20 shows each of nan items locked distant from customers. 

As of October 29, nan Philadelphia Police Department reported that unit theft is up 29.56 percent this twelvemonth and car theft is up 93.96 percent.

In September, nan City of Brotherly Love was rocked pinch two nights of brazen looting when bursts of thieves collapsed out after a serene protestation complete a judge's determination to disregard execution and different charges.

Homeless group are seen connected nan litter covered streets of nan Kensington vicinity successful Philadelphia

Pictured is nan aftermath of a ransacked liquor shop successful Philadelphia aft 2 days of looting successful September

The metropolis has besides fallen to a supplier situation has that is fueled by nan emergence of Xylazine, known arsenic 'tranq' - a lethal sedative that is utilized to heighten nan effects of heroin, fentanyl and cocaine. The 'zombie drug' leaves users pinch rotting soma – sometimes requiring amputation. 

A horrifying video shows a man and female astatine a state position successful Philadelphia being incapable to unfastened their eyes and twitching.

Other video shows aggregate spaced-out individuals were seen buckled over, pinch nary power of their limbs, connected nan trash-filled area of Kensington and Allegheny Avenues. 

The Kensington neighborhood, 'ground zero' for nan city's supplier epidemic, is often seen strewn pinch trash and addicts injecting narcotics successful nan mediate of nan day. 


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