Target's 2-hour register outage could cost the company $50 million

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Target said an 'internal technology issue' caused the outage, which prevented registers at its 1,850 US stores from completing purchases.

Target could have lost an estimated $50 million in sales during a two-hour register outage on Saturday, according to Kantar Consulting. Bloomberg's Matthew Boyle first reported on the estimate. Target said an"internal technology issue" caused the outage, which prevented registers at its 1,850 US stores from completing purchases. Target did not immediately respond to a request for comment on the $50 million cost estimate. Visit Business Insider's homepage for more stories.

Target could have lost an estimated $50 million in sales during a two-hour register outage on Saturday, according to Kantar Consulting. Bloomberg's Matthew Boyle first reported on the estimate. Target said an"internal technology issue" caused the outage, which prevented registers at its 1,850 US stores from completing purchases. Target did not immediately respond to a request for comment on the $50 million cost estimate. Visit Business Insider's homepage for more stories.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Cybercrimes

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines