Chase Bank USA and Pier 1 Imports, a decorative home furnishings and gifts retailer, have entered into a new agreement.
The new pact replaces and shortens their 2006 marketing and servicing
agreement for the operation of the Pier 1 Imports private-label credit card.
Under the new agreement, Pier 1 Imports will receive a lump-sum payment from Chase in December 2010 and will
continue to receive ongoing payments based on credit card sales.--Tanya Irwin