Home / Knowledge / News / Information Technology / Alliance Data signs multi-year agreement with New York & Co
Alliance Data signs multi-year agreement with New York & Co
11
Jul '08
Alliance Data Systems Corporation a leading provider of loyalty and marketing solutions derived from transaction-rich data, announced it has signed a multi-year contract extension agreement with top-10 client New York & Company Inc to continue providing private label credit card services to over 593 retail stores in 44 states and online.

Alliance Data has managed New York & Company's private label credit card program since 1996 and in 2006 launched New York & Company's co-brand credit card program.

Headquartered in New York, New York & Company is a leading specialty retailer of women's fashion apparel and accessories offering "New York Style" at great prices 2007 sales were $1.2 billion.

Under terms of the agreement, Alliance Data will continue providing private label credit card services, including account acquisition and activation; receivables funding; card authorization; private label credit card issuance; statement generation; remittance processing; customer service functions; and marketing services to New York & Company.

The private label credit card program complements the New York & Company Rewards Club loyalty program by providing additional benefits to cardholders based on their frequency of purchases and dollars spent with the brand.

"Our long-term partnership with Alliance Data has been instrumental in enabling us to drive sales and build customer loyalty to our brand," said Ronald Ristau, president and chief financial officer for New York & Company.

"Our card program brings us analytics expertise, customized communications opportunities and targeted rewards programs that incent our customers.

As a result, we've been able to attract and retain high-value customers in fact New York & Company cardholders are consistently our highest-spending customers."

"New York & Company is a strong example of a retailer's success in leveraging private label credit to increase sales and effectively market their brand and while building valuable, long-term relationships with customers," said Ivan Szeftel, president of Alliance Data's Retail Services.

"Throughout our 12-year relationship, we have enjoyed growing our partnership with New York & Company. We look forward to this next chapter in our joint efforts to grow their overall card program both private label and co-brand in a manner that provides value to both New York & Company and its customers."

Alliance Data Systems Corporation


Must ReadView All

Indian govt approves special package for leather, footwear

Textiles | On 16th Dec 2017

Indian govt approves special package for leather, footwear

The Union Cabinet chaired by PM Narendra Modi has approved a special...

EU parliament resolution calls for Cambodia sanctions

Apparel/Garments | On 16th Dec 2017

EU parliament resolution calls for Cambodia sanctions

Following the ongoing crackdown in Cambodia on the opposition and...

Affordable prices to be hit if US pulls out of NAFTA: NRF

Apparel/Garments | On 16th Dec 2017

Affordable prices to be hit if US pulls out of NAFTA: NRF

US retailers’ ability to offer consumers quality products at...

Interviews View All

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search