Macy's CEO Sees Headwinds Growing for Retailer

The video discusses a company's financial challenges, including a drop in credit card revenue and rising delinquencies. The CEO highlights consumer uncertainty and the need for cautious optimism. The company is focusing on inventory management and digital investments, despite a decline in digital sales. They are expanding their online marketplace to drive growth, particularly for Macy's and Bloomingdale's.

What are the implications of the headwinds mentioned in the text for consumer spending?

What does the text suggest about the future of digital sales for the company?