Macy's needs to tighten up.... Retail giant Macy’s may be losing customers after a viral TikTok video expressed concern over its credit card’s massive interest rate of 35%. A video found on the Latina ...
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 ...
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 ...
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%.
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.
SAN DIEGO — Interest rates on retail credit cards are on the rise, and the numbers may surprise you. Macy’s just sent letters to its card users announcing the interest rate on their Macy's card is ...
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 ...
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