Wal-Mart to Replace Montgomery Ward Cards

Share this content:
Wal-Mart Stores Inc. said that it has made arrangements to allow Montgomery Ward & Co. credit card holders to replace their cards with Wal-Mart branded cards.

Montgomery Ward filed for bankruptcy in December following below average holiday sales causing the retailer to shut down.

The Monogram Credit Card Bank of Georgia, issuer of the Montgomery Ward credit card, began mailing Wal-Mart credit cards to Ward's card holders on Monday. Wal-Mart would not disclose how many Ward's credit card holders would receive the Wal-Mart card.

Since Montgomery Ward closed, retailers have been pursuing the company's business and assets. On Tuesday, Target Corp., a discount retail chain, bought the rights to 35 former Montgomery Ward locations and will open 30 or more new stores on the sites. Sears, Roebuck and Co., is also reportedly examining Montgomery Ward's real estate holdings.


Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

Since 1985, Melissa has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above