- Centurion Member
- Posts: 567
- Joined: Tue Apr 22, 2008 12:44 am
- Location: Zuma
I just read a thing about Nordstrom having problems with credit card accounts and bad debt. From the first quarter of 08 to the first quarter of 09 it went up 158%!
I wonder how bad of shape Neiman Marcus, Bloomingdale, and Saks credit card accounts are too? I know they are screwed but are they higher deliquency rates than the industry in general? That would be unusual b/c these are *supposed* to be customers with more money.
Stop talking crap about him!