Saks Fifth Avenue Credit Card Portfolio to Transfer to Bread Financial [Yahoo! Finance]
Bread Financial Holdings, Inc. (BFH)
Company Research
Source: Yahoo! Finance
Bread will operate the credit card program for all channels of the Saks and Saks Off 5th businesses. More from WWD Luxury Retailers React to Virginie Viard's Abrupt Exit From Chanel Saks Names Designer Accelerator Program Participants in Class of 2024 Saks Names Paris Hilton, Chanel Iman and Shareef O'Neal to the Saks Social Club In a statement Wednesday, the Columbus, Ohio-based Bread said it has a multiyear, multipayments product agreement with Saks. Bread also signed a definitive agreement to transition the existing Saks Fifth Avenue credit card portfolio from another issuer, Capital One. The transaction is expected to close in the third quarter of 2024, subject to customary closing conditions. Along with its purchase of the Saks credit card portfolio, Bread will issue and support the existing Saks World Elite Mastercard credit card and the Saks credit card beginning in August. Card members can use their credit cards online and at all Saks Fifth Avenue and Saks Off 5
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BFH
News
- Millennials Think They've Had It Easier Financially Than Boomers: Are They Right? [Yahoo! Finance]Yahoo! Finance
- Bread Financial (BFH) Soars 7.8%: Is Further Upside Left in the Stock? [Yahoo! Finance]Yahoo! Finance
- Sony will terminate its Sony Rewards program [Yahoo! Finance Canada]Yahoo! Finance Canada
- Bread Financial Holdings, Inc. (NYSE: BFH) had its "market perform" rating re-affirmed by analysts at JMP Securities.MarketBeat
- Bread Financial Holdings, Inc. (NYSE: BFH) had its price target raised by analysts at Royal Bank of Canada from $38.00 to $45.00. They now have a "sector perform" rating on the stock.MarketBeat
BFH
Earnings
- 4/25/24 - Miss
BFH
Sec Filings
- 6/20/24 - Form 4
- 6/20/24 - Form 4
- 6/20/24 - Form 4
- BFH's page on the SEC website