Chase Bank, Pier 1 Reaffirm Agreement

  • January 3, 2011
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

 

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