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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.
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. ... 800-290-4726 more ways to reach us ...
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Macy’s said hackers stole customer credit cards — again. For the second time in as many years, Macy’s customers have been hit by a data breach involving countless numbers of credit cards. In ...
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Macy's, Inc. (previously Federated Department Stores, Inc.) is an American holding company of department stores. Upon its establishment in 1929, Federated held ownership of the regional department store chains Abraham & Straus, Lazarus, Filene's, and Shillito's. Bloomingdale's joined Federated Department Stores the next year.
It’s one of the biggest shopping days of the year, but retail giant Macy’s can’t get its credit card processors to work. Customers have been waiting in lines across the United States to buy ...