We do not shop anymore at Target unless we have the cash. How about you? Target Corp.’s massive data breach over the holidays helped push its fourth-quarter profit down 46 percent.
The discount retailer also said Wednesday that sales fell 5.3 percent as the breach scared off customers.
The nation’s second-largest discounter also offered a profit outlook below Wall Street expectations as the costs of the breach that affected millions of credit and debit card customers . More here.