Profits From Store-Branded Credit Cards Hide Depth of Retailers’ Troubles by MICHAEL CORKERY and JESSICA SILVER-GREENBERG

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By MICHAEL CORKERY and JESSICA SILVER-GREENBERG

More than one-third of profits at leading retailers like Macy’s are derived from store-branded credit cards. But counting on customers’ debt is not a sustainable strategy.

Published: May 10, 2017 at 08:00PM

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