Domain: tiger-web1.srvr.media3.us The news about TARGET leaving California has been swept under the rug | Political Talk
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The news about TARGET leaving California has been swept under the rug

Posted on 1/16/26 at 12:16 pm
Posted by FLTech
Member since Sep 2017
25721 posts
Posted on 1/16/26 at 12:16 pm
They (the media) is drip-feeding the news of Target shutting stores down across California. First, it started in 2023 as they closed down 9 stores... then in March 2024, they closed 15 more... now they are closing another 53 stores in 2026 and eventually it will be all of them shut down in the future unless something drastically changes with the state

Excerpt:

quote:

Each closure represented an average of 120 jobs lost, $15 million in annual property taxes that would disappear, and thousands of families who would now have to travel significantly farther to access affordable retail.

Then came the announcement that changed everything. On January 6th, 2026, just one week ago, Target's chief executive, Brian Cornell, held a quarterly earnings call with investors. During that call, he revealed that Target would be closing an additional 53 stores across California in 2026. That's 53 more locations, bringing the total to 77 store closures in California in just over 2 years. Cornell stated that the retail environment in California had become economically untenable for the company.

He cited a combination of factors. Persistent organized retail theft, rising operational costs, including California's $20 minimum wage for retail workers, increased commercial property taxes, and what he called an increasingly hostile regulatory environment for brick-and mortar retail.

Let's put those numbers in context. Target operates approximately 1,600 stores nationwide. California had 347 Target locations as of January 2023 with 77 closures. That means California is losing 22% of its Target stores in just over 2 years.

Nearly one in four Target locations in California is shutting down permanently. Here's what nobody's talking about. Each Target store employs an average of 120 people.

That's 9,240 jobs eliminated across California. But those are just the direct jobs. When you factor in the supply chain workers, delivery drivers, cleaning services, security contractors, and maintenance staff who service these stores, the real job loss number is closer to 18,000 to 20,000 positions.

The property tax impact is staggering. An average Target store generates approximately $400,000 in annual property taxes for its local government.

With 77 stores closing, that's $30.8 $8 million in annual tax revenue disappearing from California's cities and counties. That money funds schools, police departments, fire services, and infrastructure maintenance.

When Target closes, that revenue doesn't get replaced. It just vanishes, and local governments have to cut services or raise taxes elsewhere to
make up the difference.
Posted by Powerman
Member since Jan 2004
170898 posts
Posted on 1/16/26 at 12:19 pm to
Not prosecuting theft is going to cause a lot of problems for California
Posted by auburnu008
I am the bagman
Member since Feb 2010
19614 posts
Posted on 1/16/26 at 12:21 pm to
I am shocked big businesses like Target have waited this long.
Posted by rocksteady
Member since Sep 2013
2511 posts
Posted on 1/16/26 at 12:24 pm to
“They will stop being retarded any day now, right?” - wrong
Posted by Powerman
Member since Jan 2004
170898 posts
Posted on 1/16/26 at 12:26 pm to
quote:

“They will stop being retarded any day now, right?” - wrong

Knowing CA politicians they'll double down on being retarded and blame this on corporate greed
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
94638 posts
Posted on 1/16/26 at 12:27 pm to
Target sucks anyways. I walked through one the other day and every single item was made in Chyna
Posted by SirWinston
PNW
Member since Jul 2014
102672 posts
Posted on 1/16/26 at 12:28 pm to
Wheres the link? This is likely from another one of the grifter accounts you follow
This post was edited on 1/16/26 at 12:29 pm
Posted by captainFid
Never apologize to barbarism
Member since Dec 2014
9413 posts
Posted on 1/16/26 at 12:28 pm to
So, in a few years, a billion dollars gone.

Nice Gavin.
Posted by pizzathehut
west monroe
Member since Jul 2016
1203 posts
Posted on 1/16/26 at 12:35 pm to
building still is taxed.......someone will pay...if target leases ... they still pay as part of triple net lease
Posted by DesScorp
Alabama
Member since Sep 2017
9717 posts
Posted on 1/16/26 at 12:35 pm to
frick Target.
Posted by Elihu
Member since Dec 2020
1358 posts
Posted on 1/16/26 at 12:38 pm to
They can all close down. I haven’t been to a Target in years. Since they started their transvestite campaign.
Posted by scrooster
Resident Ethicist
Member since Jul 2012
42439 posts
Posted on 1/16/26 at 1:10 pm to
quote:

Wheres the link? This is likely from another one of the grifter accounts you follow

Seriously, do you simply copy/paste that reply to everyone who posts info that you refuse to consider or agree with?
Posted by rob0710
LA
Member since Oct 2004
1002 posts
Posted on 1/16/26 at 1:12 pm to
Target's C-suite are woke leftist. They deserve what they voted for.
This post was edited on 1/16/26 at 1:13 pm
Posted by FLTech
Member since Sep 2017
25721 posts
Posted on 1/16/26 at 1:14 pm to
YES. He expects me to pull over in a parking lot and jot down the exact link of what I just heard on the radio to make him happy
Posted by wartiger2004
9X National Champions WDE RIP CK
Member since Aug 2011
20105 posts
Posted on 1/16/26 at 1:15 pm to
Let me know when they ditch that shithole state of Minnesota.
Posted by SirWinston
PNW
Member since Jul 2014
102672 posts
Posted on 1/16/26 at 1:17 pm to
Stop posting fake news. You did it twice today already.

It is a rule of TD that all news stories require a link to an actual website.

This post was edited on 1/16/26 at 1:34 pm
Posted by Tider13
Member since Jun 2020
968 posts
Posted on 1/16/26 at 1:37 pm to
AI isn't fricking reliable either. Dumbass
Posted by ReauxlTide222
St. Petersburg
Member since Nov 2010
89267 posts
Posted on 1/16/26 at 1:41 pm to
quote:

Seriously, do you simply copy/paste that reply to everyone who posts info that you refuse to consider or agree with?
My man, y’all post some ridiculous stuff from people who are lying to you.

My entire Twitter feed yesterday was headline after headline of how that cringey fig in Minn said he wants his police to fight ICE in the streets. The guy said the exact opposite in every video posted.

Y’all need to lock tf in.
Posted by OldManRiver
Prairieville, LA
Member since Jan 2005
7430 posts
Posted on 1/16/26 at 2:29 pm to
quote:

YES. He expects me to pull over in a parking lot and jot down the exact link of what I just heard on the radio to make him happy

So you typed the "Excerpt" off of memory from the radio? Or, more likely, you copied and pasted from somewhere. Why not just post where it came from?
Posted by TigerAxeOK
Where I lay my head is home.
Member since Dec 2016
35921 posts
Posted on 1/16/26 at 2:47 pm to
I hate what's about to happen even more than I hate what's already happening.

These people are going to leave CA for Idaho, Arizona, Texas and Florida. And they're going to bring their abhorrent voting propensities with them. They're low-information voters and they blame Trump for their downfall when, in fact, the people they put in office share the full brunt of the responsibility.

But they refuse to see that, and they rebuke any information that conflicts with their razor-thin and truncated perspective. They are a parasitic cancer. Find host, infect, destroy, find new host, rinse, repeat.
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