Macy's shareholders should prepare for more pain as the company faces store closures, falling profits, and a highly competitive retail environment. Rising credit card delinquencies pose a significant ...
Struggling department stores have discovered a reliable source of profit, and it isn’t selling sweaters or sofas.
Macy's, Inc. management may regret not accepting a buyout offer, as shares trade over 35% below the offer value. The company's Q2 results show mixed performance with revenue decline, credit card ...
TikTok user Andrew Lafferty (@andrewlaffertyy) posted the video on Jan. 31. Lafferty explains what happened in the video, which has amassed more than 122,000 views. “I just signed up for a Macy’s ...
Macy's says a glitch in the retailer's credit card system during Black Friday was due to overcapacity. Registers at Macy's stores and online stopped processing credit cards yesterday afternoon, ...
COLUMBUS, Ohio — Macy’s has joined a growing list of retailers that have store credit cards with interest rates over 30%. Macy’s sent letters to its card users in April announcing the annual ...
NEW YORK, May 15 (Reuters) - Department store operator Macy's Inc's earnings are suffering as consumers pull back from spending on discretionary items amid a weakening economy, but much of this is ...
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