PUBLISHED: 23:19 EDT, 26 October 2023
UPDATED: 23:21 EDT, 26 October 2023
The location will include an on-site police substation or a mini precinct that will double as a deterrent to shoplifters and a working space for officers.
Concerns about theft have been an ongoing issue for the grocery giant. In December of last year, CEO Doug McMillon admitted that theft had become a major issue for the chain.
He said the company had been forced to implement new safety measures at different locations but stressed that he saw local law enforcement as the main solution to the growing problem.
'I think local law enforcement being staffed and being a good partner is part of that equation, and that's normally how we approach it,' he said.
'It's store managers working with local law enforcement, and we've got great relationships there for the most part.'
In May, Target CEO Brian Cornell admitted that theft was costing the chain millions.
The company predicted $500million more in losses from theft this year on top of the $750 million in losses it incurred during its last fiscal year - meaning losses could top $1.2billion by the end of 2023.
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