I mean I literally mentioned that in my comment? It’s not necessarily about the shrinkage but it’s about where the shrinkage is located that could be a problem since we don’t have that data as it’s not published you cannot make that statement that it hasn’t impacted them and the lack of adequate comparison of size of the locations to other locations in the area doesn’t really make sense.
The Seattle Times noted that the stores that are closing “are relatively new, opening in 2019 as part of a push by Target to shore up its bottom line by opening smaller, more profitable stores in urban areas.”
They don’t tell you how much smaller they are relatively so you can’t get an estimate of how much more the thefts would impact them even though they tell you as such. E.g. they say the Northgate store has 172 thefts reported but how much bigger was it? If it’s 2 times bigger then it’s about the same amount of thefts as University Districts (87 thefts) and what not?
As well as the fact that they don’t give you an estimation of the profit margins of the actual stores (This means that an average of $1.57 in inventory was lost for every $100 in sales) but how much does this 1.57 effect the profit margins of the store? (Net profit margin being 3% so a shop having doubled theft in shrinkage compared with profit would halve the stores profit 3 times or more would likely make the store unprofitable).