Target said Tuesday that it will close three stores in Portland, saying theft was hurting its bottom line and threatening the safety of customers and workers at the locations.

The closures, slated for Oct. 21, include locations in downtown, Hollywood and southeast Portland’s Richmond neighborhood, the retail giant said in a news release. The Minneapolis-based retailer also plans to close two stores in Seattle, three in the Bay Area and one in New York City for similar reasons.

“In this case, we cannot continue operating these stores because theft and organized retail crime are threatening the safety of our team and guests, and contributing to unsustainable business performance,” Target said in a statement.

During an earnings call last month, Target CEO Brian Cornell said that the company was facing “an unacceptable amount of retail theft and organized retail crime.” During the call, Cornell told investors that Target saw a 120% increase in theft involving violence or threats of violence during the first five months of this year alone.

Target is the latest major retailer to close Portland stores this year, citing theft and safety issues. Nike said earlier this month it would permanently close its community store in northeast Portland following a monthslong closure due to shoplifting. In April, REI announced that it would close its Pearl District store in early 2024, citing an increase in crime and theft as the main reasons. Walmart also closed its only two Portland stores earlier this year for underperformance.

Portland Mayor Ted Wheeler said in a statement the closure was “disheartening.”

“My team and I continually work with local businesses, large and small, to find ways to support them as they navigate through unprecedented public safety and economic challenges,” Wheeler said.

Retailers large and small have said that theft is a growing problem in Portland, and that city officials have been slow to respond.

The following Target locations in Portland will be closing next month:

Galleria, 939 S.W. Morrison St.

Southeast Powell, 3031 S.E. Powell Blvd.

Hollywood, 4030 N.E. Halsey St.

Target also operates stores in East Portland, at Jantzen Beach Center on Hayden Island and at Cascade Station near Portland International Airport.