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UBS Halts Target's Store Closures Due to "Shrink" Issue

Target has announced they are closing 9 stores in several cities (that will surprise nobody) over rampant theft and even violence against store employees. The company has recently struggled with high levels of "inventory shrink" and based on this report, it seems that trend has accelerated significantly in recent weeks leading to the closures. Elsewhere shares of Swiss Mega-Bank UBS were briefly halted this morning on reports of an expanding US Probe looking into allegations that the bank along with the now defunct Credit Suisse (which was bought out by UBS) have evaded sanctions against Russia. Join me in Las Vegas for the Silver Symposium from Sept 29-Oct 1! Use this affiliate link to get 10% off your tickets: Support the Channel on Patreon: Support the Channel by Buying Me a Coffee Support the Channel with Melon Merch by TeeSpring: Join My Discord for More Discussion, Q&A, and News: Affiliate Links: Use this link to get $10 in free Bitcoin with

The phenomenon of shrinking products and its relation to inflation and retail prices.

How do firms hide rising costs - Shrinkflation __________________________________________________________________ Download The App Apple (IOS): Android: __________________________________________________________________ Informed InvestoRR is a fintech platform that will transform the way you invest in the stock market. We have created videos on multiple topics across investing. These videos will not only be useful for beginners but even for those who have been investing for several years. You will find everything you need to know about investing under one roof on the Informed InvestoRR platform. __________________________________________________________________ To refer to our Previous MasterClass (English), click here To refer to our Previous MasterClass (Hindi), click here __________________________________________________________________ Get in touch with Research & Ranking: Research & Ranking, (SEBI-registered) India's first technology-enabled compa