Target had 'Pair of Thieves' and other men’s underwear brands under lock and key at a New York store, a seeming irony as the national retailer continues to deal with theft.
Target had "Pair of Thieves" and other men’s underwear brands under lock and key at a New York store, a seeming irony as the national retailer continues to deal with theft. At a White Plains, New York, store, rows of "Pair of Thieves" products could be seen displayed in glass-fronted security cases. Other brands of underwear also appeared locked up alongside them. "Pair of Thieves," which is based in Los Angeles, also sells socks and undershirts.
In a report released in September, the National Retail Federation found that underwear and certain other clothing were products that organized retail crime groups often try to steal. Some other "frequently targeted" items included handbags, cellphone accessories, designer footwear and cosmetics, according to the organization. Some personal care aisles at Target locations in San Francisco and in Riverdale, New York, made headlines in April for having the items stored in locked shelves.
Target executives have discussed it during earnings calls this year, most recently in August when the company put out its second-quarter results. CEO Brian Cornell told those listening to the call that "shrink in the second quarter remained consistent with our expectations but well above the sustainable level where we expect to operate over time.
On top of using strategies like locking cases "on a limited basis," the company has said it has continued to pursue more security staff, store leader and security team training and other measures to help curb theft. It has also upped its cyberdefense, according to a September press release. Theft and other forms of inventory loss cost U.S. retailers $112.1 billion in 2022, according to the NRF. In the year prior, such losses were $93.9 billion.
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Target Locks Up Men's Underwear Brands, Including 'Pair of Thieves', at New York StoreTarget had 'Pair of Thieves' and other men’s underwear brands under lock and key at a New York store, a seeming irony as the national retailer continues to deal with theft.
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