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Macy’s said it is working with its credit card partner, Citibank, to target “higher risk segments to surgically reduce exposure.” Macy’s shares plunged 14% as the company reiterated its ...
Fitch Ratings issued a generally positive report on the outlook for the department store retailer and its ability to navigate adverse business conditions.
Lejuez's math pegs Macy's credit card business representing 49% of its operating profits in 2022, up from 35% in 2021. Pre-pandemic in 2019, the business made up 58% of Macy's operating profits.
I got this letter as an update from Macy’s; my credit card, I have excellent credit,” she said. “Oh, look at what it says now,” showing that the APR on the card is jumping up to 34.49%.
Macy's Big Warning on Credit Cards a Big Problem for Some Other Retailers. A warning on the health of U.S. consumers by America's department store is likely sending quakes through the C-suites of ...
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 ...
A Macy's shopper says he was confused into signing up for a Macy's store credit card. And he is not alone; other shoppers experience this.
Macy's said it is working with its credit card partner, Citibank, to target "higher risk segments to surgically reduce exposure." Macy's shares plunged 14% as the company reiterated its ...
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 ...
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