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 ...

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 ...

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 ...

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 ...

Gary and Kathleen Cocco decided it was time to pay off some credit card debt. They decided to first target their Macy’s store brand card, issued by Citibank, because it had an interest rate of 31.99%.

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 ...

At least 50 major retailers have jacked up interest rates on store-branded credit cards to all-time highs — even as inflation continues to dog shoppers nationwide, according to an explosive new study.

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 ...

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, ...

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 ...