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Target, Energy, Debt Ceiling, and Doximity (Podcast)

Bloomberg Intelligence

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The Rise of Retail Shrink

When people are under economic stress it sort of leads an opening leaves an opening to an increase in theft and that's what we're seeing across the industry. Jen both TTJX and Target called out as have other retailers recently that the rise in shrink has been a problem for them. When you look at the housing market especially in the tri-state area there's no inventory so pricing is it's totally a seller's market.

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