Store credit cards can be the right choice for the right customer. For example, a store credit card can make a lot of sense if you shop at a certain store often. The Sears Card®* aims to fill that ...
Sears, Roebuck and Co. announced plans yesterday to sell its credit card division to Citigroup Inc., the nation's largest credit card issuer, for about $3 billion to focus on the retail side of its ...
HOFFMAN ESTATES, Ill. (CBS.MW) - Sears shares rallied above 15 percent Wednesday after the retailer said it is considering selling its highly profitable and problem-laden credit-card business. The ...
Citigroup said the purchase also includes Sears' Financial Products business and credit card facilities, with approximately 8,300 employees. Sears, based in Hoffman Estates, Ill., said it will receive ...
Citigroup agreed to acquire the credit card and financial products business of Illinois-based Sears, Roebuck for an estimated $5 billion. The purchase will make Citigroup the largest private- label ...
NEW YORK (AP) -- Citigroup announced Tuesday that it would buy the credit card business of Sears, Roebuck & Co. for $3 billion, with the deal for the nation's eighth-largest credit card portfolio ...
TORONTO (Reuters) - JPMorgan Chase said on Monday its agreement relating to the Sears Card and Sears MasterCard credit cards in Canada will terminate on the expiration date of Nov. 15, 2015, a setback ...
At least six bids are expected this week for Sears, Roebuck and Co.’s credit card business and there is enough interest for the largest U.S. department store chain to sell the entire operation to one ...