{"id":84791,"date":"2023-05-18T00:58:46","date_gmt":"2023-05-18T04:58:46","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=84791"},"modified":"2023-05-18T01:02:52","modified_gmt":"2023-05-18T05:02:52","slug":"target-expects-organized-retail-crime-fueled-losses-to-jump-by-500-million-this-year","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2023\/target-expects-organized-retail-crime-fueled-losses-to-jump-by-500-million-this-year.html","title":{"rendered":"Target expects organized retail crime-fueled losses to jump by $500 million this year"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/TGT\/\">Target<\/a> said Wednesday that organized retail crime will fuel $500 million more in stolen and lost merchandise this year compared with a year ago. Target\u2019s inventory loss, called shrink, totaled about $763 million last fiscal year, based on calculations from the company\u2019s financial filings. With the anticipated increase, shrink this year would surpass $1 billion<strong>.<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/05\/17\/target-says-organized-retail-crime-fueled-losses-have-shot-up.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Target said Wednesday that organized retail crime will fuel $500 million more in stolen and lost merchandise this year compared with a year ago. Target\u2019s inventory loss, called shrink, totaled about $763 million last fiscal year, based on calculations [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84791","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=84791"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84791\/revisions"}],"predecessor-version":[{"id":84792,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84791\/revisions\/84792"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=84791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=84791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=84791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}