Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Credit Card Income Has Growing Role on Department Store Balance Sheets

Sourcing Summit NY — Join us on Oct. 17 for the must-attend apparel supply chain conference.

A recent report from Moody’s Investors Service noted that credit card income has outpaced sales performance for many department stores. Retail analysts from Moody’s Investors Service, in their report “Growth Will Remain Difficult in 2019 Following Lackluster Holiday,” said they believe growth will be difficult for the department store group in 2019. The report, headed…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!