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

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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.

 

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