PLANO, Texas, May 23, 2019 /PRNewswire/ -- Alliance Data
Systems Corporation (NYSE: ADS), a leading global provider of
data-driven marketing and loyalty solutions, today announced its
Columbus, Ohio-based card services
business, a premier provider of branded private label, co-brand and
business card programs, has signed a new agreement to provide
private label credit card services for the U.S. Retail segment of
Carter's, Inc. (NYSE: CRI), North
America's largest branded marketer of apparel exclusively
for babies and young children.
Carter's, Inc. owns the Carter's and OshKosh
B'gosh brands, two of the most recognized brands in the
marketplace for babies and young children, as well as Skip Hop, a
global lifestyle brand for families with young children. In
addition to its branded websites, Carter's operates more than 800
stores in the United States.
Alliance Data will create a data-driven credit card program for
Carter's that will integrate with the company's current rewards
program, Rewarding Moments®, to provide further value to
Carter's customers shopping at company-operated stores and websites
in the U.S. Carter's will leverage Alliance Data's innovative suite
of digital capabilities to make the credit application process
quick and seamless for the customer. These tools include
patent-pending Frictionless Mobile CreditSM, which
allows customers to apply for credit in store through a text
message and a few keystrokes. The program will also feature
Driver's License Instant Credit, which simplifies the application
process through the scan of the shopper's driver's license.
"We are delighted to extend our Rewarding Moments loyalty
program and offer our customers additional ways to earn rewards
even faster by using our new Carter's credit card. In addition to
faster rewards, consumers will also enjoy additional cardholder
benefits," said Greg Foglesong,
Executive Vice President, Retail and Marketing. "We strive to
continue to be mom's favorite brands in young children's apparel.
We believe the Carter's credit card will provide our consumers with
added value and be another reason to love our brands. We are
thrilled to partner with Alliance Data to build and deliver our
next evolution of our Rewarding Moments program."
"We are incredibly excited to partner with Carter's, whose
brands have been trusted by generations of families for their
quality and value. By combining their highly recognized brands with
our deep retail expertise and our deliberately different,
data-driven approach, we are committed to driving growth for this
respected company," said Melisa
Miller, President of Alliance Data's card services business.
"We look forward to delivering Carter's customers increased value
and meaningful moments, nurtured by our measurably superior
precision marketing and data strategies."
About Alliance Data's card services business
Based in
Columbus, Ohio, Alliance Data's
card services business develops market-leading private label,
co-brand, and business credit card programs for many of the world's
most recognizable brands. Through our branded credit programs, we
help build more profitable relationships between our partners and
their cardmembers, and drive lasting loyalty.
Using the industry's most comprehensive and predictive data set,
advanced analytics, and broad-reaching capabilities, Alliance
Data's card services business has been helping partners increase
sales and provide greater value to their cardmembers since 1986. We
are proud to be part of the Alliance Data enterprise (NYSE: ADS),
an S&P 500, FORTUNE 500 and FORTUNE 100 Best Companies to Work
For company headquartered in Plano,
Texas. To learn more, visit KnowMoreSellMore.com, follow us
on Twitter @Know_SellMore, and connect with us on LinkedIn at
Alliance Data card services.
About Alliance Data
Alliance
Data® (NYSE: ADS) is a leading global provider of
data-driven marketing and loyalty solutions serving large,
consumer-based industries. The Company creates and deploys
customized solutions, enhancing the critical customer marketing
experience; the result is measurably changing consumer behavior
while driving business growth and profitability for some of today's
most recognizable brands. Alliance Data helps its clients create
and increase customer loyalty through solutions that engage
millions of customers each day across multiple touch points using
traditional, digital, mobile and emerging technologies. An S&P
500, FORTUNE 500 and FORTUNE 100 Best Companies to Work For company
headquartered in Plano, Texas,
Alliance Data consists of three businesses that together employ
approximately 20,000 associates at more than 100 locations
worldwide.
Alliance Data's card services business is a leading
provider of marketing-driven branded credit card programs. Epsilon®
is a leading provider of multichannel, data-driven technologies and
marketing services, and also includes Conversant®, a leader in
personalized digital marketing. LoyaltyOne® owns and operates the
AIR MILES® Reward Program, Canada's most recognized loyalty program, and
Netherlands-based BrandLoyalty, a
global provider of tailor-made loyalty programs for grocers.
Follow Alliance Data on Twitter, Facebook, LinkedIn, Instagram
and YouTube.
Forward Looking Statements
This release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. Forward-looking statements give our expectations or
forecasts of future events and can generally be identified by the
use of words such as "believe," "expect," "anticipate," "estimate,"
"intend," "project," "plan," "likely," "may," "should" or other
words or phrases of similar import. Similarly, statements that
describe our business strategy, outlook, objectives, plans,
intentions or goals also are forward-looking statements. Examples
of forward-looking statements include, but are not limited to,
statements we make regarding strategic evaluations, our expected
operating results, future economic conditions including currency
exchange rates, future dividend declarations and the guidance we
give with respect to our anticipated financial performance.
We believe that our expectations are based on reasonable
assumptions. Forward-looking statements, however, are subject to a
number of risks and uncertainties that could cause actual results
to differ materially from the projections, anticipated results or
other expectations expressed in this release, and no assurances can
be given that our expectations will prove to have been correct.
These risks and uncertainties include, but are not limited to,
factors set forth in the Risk Factors section in our Annual Report
on Form 10-K for the most recently ended fiscal year, which may be
updated in Item 1A of, or elsewhere in, our Quarterly Reports on
Form 10-Q filed for periods subsequent to such Form 10-K. Further
risks and uncertainties include, but are not limited to, the
structure and timing of any transaction involving the Epsilon
business and whether it will be completed, the possibility that
closing conditions for any transaction may not be satisfied or
waived, the impact of the strategic review and any subsequent
transaction on us and the Epsilon business on a standalone or other
basis if any transaction is completed, and whether the expected
benefits of any transaction can be achieved.
Our forward-looking statements speak only as of the date made,
and we undertake no obligation, other than as required by
applicable law, to update or revise any forward-looking statements,
whether as a result of new information, subsequent events,
anticipated or unanticipated circumstances or otherwise.
Media Contacts:
Alliance Data
Tiffany
Louder – Investor
Relations
214-494-3048
tiffany.louder@alliancedata.com
Shelley Whiddon –
Media
214-494-3811
shelley.whiddon@alliancedata.com
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SOURCE Alliance Data Systems Corporation