Retailers are very aware of what their locations are made of, from a profitability standpoint. Many locations [know] their shrink results and what their shrinkage is, referring to the loss of inventory that occurs in retail stores due to various factors, including theft. The decision to close a store is never easy as stores must weigh their security options and the effectiveness of this security and the safety of the environment.
Sales and customer traffic bounced back after [Target] closed crime-afflicted stores - suggesting more retailers may begin shuttering locations over shoplifting. Closing high-risk stores can seem like a solution to ongoing problems, allowing retailers to refocus on profitability.
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