Morrisons' Christmas Sales Impacted by Cyber Attack
British supermarket chain Morrisons reports that a cyberattack on technology provider Blue Younder in November disrupted its product availability, affecting Christmas sales.
"Our warehouse management system was shut down, leaving us without visibility on our fresh and produce stock levels for several days," CEO Rami Baitieh explained to reporters.
Chief Financial Officer Jo Goff stated that Morrisons experienced sales growth in the first quarter ending January, although it was lower than the 4.9% reported in the previous quarter.