Content about Credit card

May 17, 2013
Groupon launches Breadcrumb

A year after Groupon acquired Breadcrumb, a point of sale system and iPad app, the deal-of-the-day website has launched the suite of cloud-based iPad and smartphone tools. The free iPad app enables quick-service eateries, salons, spas and retail merchants to maximize revenue.

March 14, 2013
Kennedy assumes new finance role at Target

Scott Kennedy was named president of Target financial and retail service to replace long time finance executive Terry Scully.

February 19, 2013
Capital One sells Best Buy credit card business to Citi

Capital One Financial Corp.has reached an agreement to sell the portfolio of Best Buy private label and co-branded credit card accounts, with current loan balances of approximately $7 billion, to Citi.

February 13, 2013
Fiserv, Alliance Data partner to offer e-bill distribution

Fiserv, a global provider of financial services technology solutions, has partnered with Alliance Data Retail Services, a provider of branded credit card programs, to offer e-bill distribution to cardholders of its more than 100 credit programs.

February 13, 2013
GE renews credit card program with JCPenney

GE Capital Retail Bank, a consumer lending unit of General Electric Company (GE), has renewed its private label credit card program with JCPenney.

February 5, 2013
Credit card group takes swipe at NRF

The National Retail Federation has been outspoken in its criticism of credit card fees and now a group called the Electronic Payments Coalition that represents credit unions,banks and payment card networks is firing back, claiming that the retail lobby is making false statements regarding checkout fees.

December 3, 2012
Why Consumer Reports Is Wrong About Extended Warranties

By Joe Erdeman

November 15, 2012
Target well-positioned for holidays too

A 2.9% third quarter same store sales increase and the sale of its credit card business pushed Target’s third quarter profit up 17.6% to 96 cents a share.

October 23, 2012
Target to sell credit card business

Target will no longer have to worry about the impact of its consumer credit card portfolio on its financial performance, now that it has agreed to sell the business to TD Bank Group.

October 22, 2012
NRF not pleased with swipe fee settlement

WASHINGTON — A revised antitrust settlement on the issue of credit card swipe fees doesn't go far enough, The National Retail Federation said Friday. 

October 4, 2012
Meijer extends fuel savings program through the holidays

Meijer is extending its fuel savings program will continue through the holiday, providing Meijer credit card customers with a 10 cent per gallon discount on fuel during the busy travel season.

August 13, 2012
Alliance Data to provide credit services to Stage Stores

Stage Stores has signed an agreement with Alliance Data Retail Services, making it the provider of a full suite of private label credit card services geared toward driving sales and brand loyalty to grow Stage Stores’ customer base.

August 2, 2012
We’re all in this together

Walmart and mom-and-pop retailers are usually at odds with one another, but the issue of credit card swipe fees has Walmart sharing common ground with independent pharmacists.

June 27, 2012
Toys"R"Us enhances loyalty program

Toys"R"Us has enhanced its loyalty program with the launch of an all-new integrated, point-based system that delivers streamlined benefits for members, as well as new and existing "R"Uscredit card holders.

June 12, 2012
Meijer launches summertime fuel savings program

Meijer is helping its customers save money on gas this summer, the retailer said.

May 31, 2012
How low can it go?

The trend of improving delinquency rates within Target’s credit card portfolio just keeps getting better, and in May the percentage of customers past due on their accounts sank to another new low.

May 3, 2012
More Target shoppers honoring their obligations

Credit card trends at Target hit a new high, or low, depending on one’s perspective. Either way, it’s a good thing.

March 8, 2012
Delivering the right combination of relevance and consumer reach

Why has Google arguably become the most popular advertising platform on the planet, attracting a whopping $36.5 billion in ad spending in 2011? And why has Facebook, with an expected IPO valuation of around $100 billion, become such a juggernaut in digital marketing?

January 23, 2012
No sale: credit card portfolio put on hold

One thing merchants know about markdowns is they are best taken early and at a modest level to stimulate sales as opposed clinging too long to the belief goods will sell at full price only to realize steeper cuts are needed.

January 18, 2012
Target holds off sale of credit card business

Target announced that it has temporarily suspended its efforts to sell its credit card receivables portfolio.

December 20, 2011
Bon-Ton Stores in long-term credit agreement with Alliance Data

The Bon-Ton Stores announced it has signed a new, multi-year private-label credit card program agreement with Alliance Data, a provider of loyalty and marketing solutions.

December 20, 2011
The growing trend of mobile payments

Mobile payments provide retailers an opportunity to take advantage of the newest method of payment. The Center of Retail Research recently released some interesting figures, numbers that clearly shows the growing trend of customers using mobile money.

December 5, 2011
Credit trends heading in wrong direction

Delinquency rates in Target’s credit card portfolio are still really good, but after several years of steady improvement, a slight deterioration has become evident the past few months.

November 23, 2011
Retailers sue Federal Reserve

A coalition of retail organizations, including the National Retail Federation, the Food Marketing Institute and the National Association of Convenience Stores, have filed a lawsuit charging that the Federal Reserve failed to comply with a new law requiring it to reduce fees bank charge retailers when shoppers use credit cards.

November 18, 2011
The liability potential of layaway revealed

By Donna L. Wilson and Kirk D. Jensen

Illustrating the adage that no good deed goes unpunished, retailers offering financially-strapped or credit-challenged consumers the option of layaway are facing criticism and threats of litigation and regulatory scrutiny. 

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