WWD.com/retail-news/financial/in-brief-some-delays-at-wal-mart-472084/
government-trade
government-trade

In Brief: Some Delays at Wal-Mart

Wal-Mart Stores Inc. said Thursday that it has corrected the problem in connection with the processing of gift cards.

– SOME DELAYS AT WAL-MART: Wal-Mart Stores Inc. said Thursday that it has corrected the problem in connection with the processing of gift cards. The discounter said that on Wednesday it “discovered that several retailers, including Wal-Mart, were experiencing sporadic issues with gift card verifications due to processing errors with our third-party verifier’s systems.” This delayed the processing of a “small percentage” of the retailer’s gift card transactions, and the issue was resolved Wednesday afternoon, Wal-Mart said.

This story first appeared in the December 28, 2007 issue of WWD.  Subscribe Today.