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Citi & Children's Place renew private label credit card deal
21
Dec '10
Citi announced a multi-year renewal of its long-standing U.S. private label credit card partnership with The Children's Place Retail Stores Inc, the largest pure-play children's specialty apparel retailer in North America.

Citi has provided private label financing to The Children's Place since 1994, providing stores with quick and efficient processing, and customers with flexible payment options and special credit promotions that drive increased loyalty and customer satisfaction.

“Citi is proud of our long-standing partnership with The Children's Place,” said Craig Vallorano, Executive Vice President, Partnership Management, Citi Retail Partner Cards. “We look forward to offering exciting new consumer credit offers and continuing to provide a best in class in-store customer experience.”

Retail Partner Cards, within Citi Holdings, provides consumer and commercial credit card products and services, including private label credit cards, for national and regional retailers across the U.S. The business services more than 40 million customers and consists of managed assets of approximately $50 billion. Retail partners include The Home Depot, Shell, Macy's, Sears, and ExxonMobil, among others.

Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Through Citicorp and Citi Holdings, Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Citi

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