CNN By Parija Kavilanz, CNN New York (CNN) — Target’s decision to close nine of its stores in major cities, citing persistent large-scale theft at those locations is the latest signal that retailers may be struggling in their battle to contain a growing and dangerous problem. Industry experts say even a small increase in crime can have massive, cascading effects that cause retailers to close stores. “It’s proof that store crimes are reaching a new level,” said Burt Flickinger, retail expert and managing director of retail consultancy Strategic Resource Group. But store crime is among a host of other challenges, such as pullback in consumer spending and excess inventory, that reta
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