CNN — New York (CNN Business) — Macy’s is warning of a spike in customers who are failing to make credit card payments, adding to the evidence of mounting financial stress on consumers. The iconic ...
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 ...
Comparable-store sales, a good barometer of a retailer’s health, have been an ominous sign at Macy’s for several years now, ...