Wednesday, June 19, 2019

Target CEO Brian Cornell reiterates forecast, apologizes to customers for weekend outages

Target CEO Brian Cornell apologized to customers for a disappointing weekend after the company experienced outages that shut down its cash registers and credit-card processors for several hours.

There was no impact to the company’s earnings forecast as a result of the outage, said Cornell in an interview on Wednesday with CNBC’s Becky Quick on “Squawk Box.” . . . more