"During the first five months of this year, our stores saw a 120% increase in theft incidents involving violence or threats of violence," Target CEO Brian Cornell said Wednesday.Leif Skoogfors/GettyTarget says it's seeing more than twice as many theft incidents involving violence or threats of violence this year."Safety incidents associated with theft are moving in the wrong direction," CEO Brian Cornell said.Cornell previously said inventory shrink — which includes theft — could reach $1.2 billion this year.Shoplifting and organized theft are not only getting more expensive for Target, the company says incidents are getting more dangerous for workers and customers."Our team continues to face an unacceptable amount of retail theft and organized retail crime," Target CEO Brian Cornell said in the company's second quarter earnings call on Wednesday.

 

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