Citi Retail Services Announces New Strategic Agreement with Meijer
January 28 2020 - 9:00AM
Business Wire
Multi-year agreement provides retailer with
consumer private label and co-brand credit card services
Citi Retail Services today announced a long-term agreement to
provide private label and co-brand credit card services for
Meijer.
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the full release here:
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Meijer customers can apply for a Citi
Retail Services-backed Meijer credit card beginning March 1, 2020.
(Photo: Business Wire)
The privately-owned and family-operated Midwestern retailer has
more than 245 supercenters throughout Michigan, Ohio, Indiana,
Illinois, Kentucky and Wisconsin. The agreement with Citi Retail
Services – one of North America’s largest and most experienced
retail credit solution providers – will be focused on delivering a
best-in-class, innovative payment experience and continuing to
drive loyalty among the retailer’s valued customer base.
“We are proud to be partnering with Meijer to further grow their
credit card portfolio and expand digital brand engagement with
their loyal customers,” said Craig Vallorano, Head of Citi Retail
Services. “This retail industry pioneer is a tremendous addition to
Citi Retail Services' family of iconic brands, and we look forward
to bringing innovative offerings to their customers for years to
come.”
“At Meijer, we’re always looking for ways to provide value to
our customers,” Meijer President & CEO Rick Keyes said. “We
believe this new relationship with Citi Retail Services will extend
benefits to our customers while also providing them yet another way
to shop our stores.”
Under the terms of the agreement, Citi will become the exclusive
issuer of the Meijer private label and co-brand credit card program
beginning on February 24, 2020. Meijer cardholders can expect to
receive new cards in the mail in mid-February. Meijer customers can
apply for a Citi Retail Services-backed Meijer credit card
beginning March 1, 2020. New cardholders will receive $10 off their
first purchase at Meijer, save 10 cents per gallon at Meijer gas
stations every day, earn a $10 reward for every $750 spent and
receive exclusive savings offerings.
About Meijer
Meijer is a Grand Rapids, Mich.-based retailer that operates
more than 245 supercenters and grocery stores throughout Michigan,
Ohio, Indiana, Illinois, Kentucky and Wisconsin. A privately-owned
and family-operated company since 1934, Meijer pioneered the
"one-stop shopping" concept and has evolved through the years to
include expanded fresh produce and meat departments, as well as
pharmacies, comprehensive apparel departments, pet departments,
garden centers, toys and electronics. For additional information on
Meijer, please visit www.meijer.com. Follow Meijer on Twitter
@twitter.com/Meijer and @twitter.com/MeijerPR or become a fan at
www.facebook.com/meijer.
About Citi
Citi, the leading global bank, has approximately 200 million
customer accounts and does business in more than 160 countries and
jurisdictions. 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.
Additional information may be found at www.citigroup.com |
Twitter: @Citi | YouTube: www.youtube.com/citi | Blog:
http://blog.citigroup.com | Facebook: www.facebook.com/citi |
LinkedIn: www.linkedin.com/company/citi
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version on businesswire.com: https://www.businesswire.com/news/home/20200128005469/en/
Media: Citi Jennifer Bombardier
jennifer.bombardier@citi.com
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