This article also points out that Walgreens has not curtailed their hours. And if it's so bad, why wouldn't Target just hire more security personnel?
You can only have security guards if the state backs them up. The state is not backing them up.
Leaving with things they did not pay for.
> Security guards ... do not have an unlimited right to just grab other people and detain them. If the stolen goods are inside, say, a backpack, they also do not have the ability to search that backpack.
Not unlimited rights. They can use reasonable (and solely nonlethal) force to detain shoplifters that they have probable cause are shoplifting and even search them (for instance, their backpacks) for such goods. You need to read up on California Penal Code 490.5.
They cannot punish them, but they can prevent them from leaving with items they don't own.