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Target CEO Brian Cornell said the company has been upfront about its problems with theft in order to advocate for government reforms for the industry.

Target CEO Brian Cornell said the company has been upfront about its problems with theft in order to advocate for government reforms for the industry.

From Amazon, eBay, Facebook and other platforms, online retail sites and social media marketplaces are awash in counterfeit products like clothes, shoes and electronics, tricking consumers and companies into buying the fake goods. Consumer advocates and legal experts are urging Congress to pass legislation that would make online platforms liable for dangers posed by counterfeit goods by putting the retailers on par with brick-and-mortar stores.

From Amazon, eBay, Facebook and other platforms, online retail sites and social media marketplaces are awash in counterfeit products like clothes, shoes and electronics, tricking consumers and companies into buying the fake goods. Consumer advocates and legal experts are urging Congress to pass legislation that would make online platforms liable for dangers posed by counterfeit goods by putting the retailers on par with brick-and-mortar stores.

It’s the latest move related to theft for Target, which has been outspoken about the industrywide problem of organized retail crime.

Retail shrink, and theft’s role as a share of it, is largely in line with historical norms, even as companies call it out more, according to a major NRF...

Retail shrink, and theft's role as a share of it, is largely in line with historical norms, even as companies call it out more, according to a major NRF survey.

It's the latest move related to theft for Target, which has been outspoken about the industrywide problem of organized retail crime.

Retail Theft Continues to Impact Retailers' Profits Retail theft has become a widespread concern in recent years, with videos of smash-and-grab incidents

It’s the latest move related to theft for Target, which has been outspoken about the industrywide problem of organized retail crime.