Alliance Data signs multi-year agreement with Fortunoff
Alliance Data Systems has recently signed a multi-year expansion and renewal agreement with Fortunoff, a leading retailer of fine jewelry, home furnishings and seasonal items.
Under terms of the agreement, Dallas-based Alliance Data will launch a co-brand credit card program for Fortunoff and continue providing private-label credit card services for the retailer.
The new co-brand credit card program will complement Fortunoff's existing private label credit card program, providing select customer segments with an alternate card choice for making purchases.
Consistent with the existing Fortunoff private label credit card program, the new co-brand offering will target customers that meet Alliance Data's traditional credit quality standards.
In addition to co-branded credit card services, Alliance Data will continue to provide Fortunoff with a full suite of integrated credit and marketing services, including account acquisition and activation, receivables funding, credit authorization, direct mail and email marketing services, remittance processing and customer service functions.