WEAR - Search Results

The following is an archived video story. The text content of that video story is available below for reference. The original video has been deleted and is no longer available.

Target downgrade

Standard & Poor's has downgraded Target's Corporate debt rating by one notch.
Partly because of last year's data breach.

The breach compromised the credit card numbers and personal information of tens of millions of customers during the 2013 holiday season.

Target's sales slowed in the recent quarter and S&P predicts the breach will have lingering effects through at least August.