Amazon blaming a glitch after selling video games, winter coats for a penny
NEW YORK (CNNMoney) – When it comes to purchasing gifts during the holidays, it can be tough to save money.
However, several popular items were on sale thanks to a glitch on Amazon.
Officials say many sellers on Amazon use a software program to automatically adjust their prices when there is a change to a competitor’s account.
According to RepricerExpress, the software went haywire.
It listed items like winter coats, video games, electronics and other accessories for one penny in the United Kingdom.
Amazon says the “glitch sale” only lasted for about an hour and most of the orders have already been canceled by the company.
A few orders were processed and Amazon said it is working with the sellers to see who would pay for the loss.
“I understand that this issue comes at the most important time of the year for our customers and I am deeply sorry by the disruption that has been caused,” said Brenden Doherty, chief executive of RepricerExpress.