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 ...

New York (CNN)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 department store had ...

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, ...

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 ...

A warning on the health of US consumers by America's department store is likely sending quakes through the C-suites of similar retailers. And investors in retail stocks need to pay attention because ...

A growing number of Americans are falling behind on their monthly credit card payments, a trend that may be a harbinger of economic troubles ahead, according to a new report from Wells Fargo. Findings ...

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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 ...