Retail giant Target has scrapped its plans to open a new location in Philadelphia as crime spirals out of control in the Democrat-run city, disappointing news for residents in the University City area.
The new store was to have been located at 3701 Chestnut St. in the building formerly known as the International House, a 14-story tower used for student housing near the University of Pennsylvania campus that has been renovated with the big box discount store slated to be added to retail space at the site.
But the national chain pulled the plug without stating a specific reason as to why with some speculating that the “City of Brotherly Love” just isn’t a locale that makes good business sense due to rampant crime and open-air drug markets that have drawn international attention.
(Video: YouTube/CBS Philadelphia)
“We routinely assess our current projects and have made the decision to no longer pursue a store in this location,” Target spokesperson Jim Joice said, according to the Philly Voice.
In September, the company announced that it was closing nine of its stores in several cities, citing rising crime, retail theft, and concern for the safety of Target team members and shoppers.
(Video: YouTube/Good Morning America.
“At Target, we take the decision to close stores very seriously, and only do so after taking meaningful steps to invest in the guest experience and improve business performance. With that said, we have made the difficult decision to close nine Target stores across four states, effective Oct. 21,” the Minneapolis-based company said in a press release.
“In this case, we cannot continue operating these stores because theft and organized retail crime are threatening the safety of our team and guests, and contributing to unsustainable business performance. We know that our stores serve an important role in their communities, but we can only be successful if the working and shopping environment is safe for all,” Target stated in its announcement of the closures in New York City, Portland, San Francisco, and Seattle.
The locations had one thing in common, they were all located in deep blue cities where violent crime has absolutely exploded since the 2020 George Floyd “summer of love” and the defund the police movement. Not to mention the George Soros-backed district attorneys who have coddled criminals, one of them being Philadelphia’s Larry Krasner.
“Before making this decision, we invested heavily in strategies to prevent and stop theft and organized retail crime in our stores, such as adding more security team members, using third-party guard services, and implementing theft-deterrent tools across our business. Despite our efforts, unfortunately, we continue to face fundamental challenges to operating these stores safely and successfully,” the chain said in its press release announcing the store closures.
From a purely business standpoint, it makes no sense for Target to open a new store in Philly, especially after one of its existing locations was among the retail establishments hit by looters during a recent spate of racial unrest in September.
(Video: YouTube/ABC Philadelphia)
Miscreants took to the streets after a judge dropped charges against a police officer who shot and killed a man during a traffic stop and helped them to merchandise from Target, the Apple Store, Lululemon, Foot Locker, and a good number of liquor stores on a night of unrest that may or may not have been a factor in the discount chain’s decision to cancel its plans.
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