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Join Larry Mantle weekdays for lively and in-depth discussions of Los Angeles and Southern California news, politics, science, entertainment, the arts and more. More AirTalk at www.kpcc.org.
Target Loses $400 Million Via Retail Theft. AOC Called Retail Theft a Myth.
Manage episode 347372728 series 1511410
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During a recent earnings call, Target CFO Michael Fiddelke estimated that the big-box store has lost over $400 million in profits due to retail theft over the past year. Last year, Congresswoman Alexandria Ocasio Cortez referred to rising thefts in progressive cities a “myth.”
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