Macy’s Makes Credit Card Changes

If you have a Macy’s or Bloomingdale’s card, things are about to change.

Macy’s, Inc. has announced that existing Macy’s and Bloomingdale’s Visa cards will be replaced by new Macy’s and Bloomingdale’s American Express cards.

“We expect a smooth transition for our customers without interruption to their shopping experience,” said Tom Cole, Macy’s chief administrative officer in a company-issued release.

Macy’s says customers can expect to receive their new cards by the end of 2010, along with advanced notice of the change.

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Fashionistas, Start Spending!

NEWSWEEK MARCH 23

Just a few weeks ago, fashionistas were relabeled recessionistas.

The movie, Confessions of A Shopaholic was rebuked by economy experts for glamourizing excessive spending.

But if this week’s issue of Newsweek is anything to go by, it’s time to shop, folks!

Available on newsstands tomorow, the cover screams, “I Want You to Start Spending!” Daniel Gross writes about how we, as consumers, need to start taking risks again in the economy and start spending to help the recovery.

Visit your local shopping centre this week, or get online and get that purse or pair of shoes you’ve been eyeing.

Why? Because the U.S. economy needs it!

Disclaimer :: Blogger not responsible for resulting financial management issues. :-)

No Money for Macy’s :-(

macys

More proof that the global economy is in a HORRIBLE state.

Throughout November, Macy’s made  $2.327 billion.

Sounds like alot if you choose to forget that the store made $2.707 billion during the same period last year.

In other words,  sales were down 13.3 percent in November.

And to think the experts say it’ll only get worse.