This piece my Multichannel Merchant has some details:
http://multichannelmerchant.com/news/data-breach-affects-targets-4q-u-s-sales-26022014/
Here is a snippet from that piece:
What did the major data breach at Target mean for the merchant’s bottom line? It meant fewer consumers shopping at the mass merchant, as well as a $17 million net expense related to the data breach investigation.
Target announced this morning that sales for its U.S. segment in the fourth-quarter decreased 6.6% to $20.9 billion from $22.4 billion the prior year.
Target announced this morning that sales for its U.S. segment in the fourth-quarter decreased 6.6% to $20.9 billion from $22.4 billion the prior year.
Happy Reading,
J.W. Gant
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