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Macy's sees untimely payment-processing problems on key retail day

Nov. 24, 2017 2:28 PM ETMacy's, Inc. (M) StockMBy: Jason Aycock, SA News Editor68 Comments
  • After reports on social media that customers were having issues with credit card payments today, Macy's (NYSE:M) says it's adding personnel to resolve the issue.
  • "It is taking longer than usual to process some credit and gift cards in our stores, but we had added additional associates to the floor who are working to resolve the issue as quickly as possible," a spokesperson says.
  • Shares are down 0.4% postmarket; they had gained 2.1% in the shortened session on optimism for a strong Black Friday for the retailer.

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