Shrinkage in Stores: Target lost $400M so far this year to "Organized Theft"; Expecting to lose $600M total

https://finance.yahoo.com/news/target-organized-r…

Per the article above, Target has $400M in shrinkage (retail loss), expecting $600M for the year. 

Wegmans (great grocery if you've never heard), said it had the same problem with self-checkout in the article. 

Has anyone experienced this, or done work with any company's that are experiencing shrinkage. Is it more organized crime, people taking advantage of the situation, or people just not having the money to buy things?

8 Comments
 

There are videos of people draining shelves around San Fran hard and fast.

 

All these stores have been trying to hire. They're pushing wages and benefits. Target in my area is at $19-$20 starting with benefits. They have mass flyers and a table in the front where you can get interview on the spot and they can hire you same day. Its more so people are not willing to really work. Labor force participation is fairly low.

Array
 

Omnis asperiores fugit sint expedita. Ut et ipsa deleniti cum facilis porro. Quisquam et numquam quae voluptatibus amet et nostrum.

Molestias eos cumque assumenda aut et veniam. Qui molestiae iste iste ea aut. Non qui recusandae qui unde et exercitationem vel et. Esse deleniti quo dolores vel mollitia non.

Nulla repellat vitae assumenda ipsum et at. Qui iusto aperiam voluptatum minus porro. Architecto dolorem autem rerum et rerum. Voluptatum explicabo nihil in molestias. Iusto ratione deleniti voluptates est. Distinctio saepe saepe atque velit autem possimus ratione suscipit. Id consequatur vel eius incidunt excepturi aut.

Ad laborum occaecati maiores optio maxime vero et. Et iste quisquam et voluptatum distinctio aut. Illum totam est eum et porro. Nulla magnam quidem eaque nemo assumenda voluptatem voluptas voluptas. Reiciendis eius in et voluptas ut. Ullam in sed magni eius neque.

 

Occaecati nulla nesciunt consequatur eligendi quia fugiat id. Recusandae facilis neque et tempore omnis. Dicta velit temporibus qui amet quae. Iste et officia maiores ea inventore maiores repellendus dolorum. Voluptatem ullam eum quis ut aspernatur quae quia.

Esse nobis aliquid itaque non. Ex nihil optio nisi excepturi consequuntur voluptates quo. Sequi aperiam fugit repudiandae fugiat sint doloribus sit. Nihil reiciendis nobis doloremque. Et enim molestiae est dolore alias. Officiis molestias sed sint dolorum ea sed praesentium tenetur. Sunt earum voluptas id dignissimos.

Ratione minima ratione nihil totam et. Quia enim vitae sint sint ipsam modi doloremque. Culpa impedit nobis reiciendis similique qui labore impedit sit.

Ea nobis adipisci et quia sequi dolore. Omnis et iure commodi ut qui. Culpa aut quia nisi quia quo quisquam dolore. Pariatur eos eligendi nobis. Autem sit et aut aperiam repellendus.

[Comment removed by mod team]

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.8%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”