General Electric Co. on Tuesday said it had agreed to buy $900 million worth of Toys R Us credit card assets from JPMorgan Chase & Co., which has been shedding lower-end assets. (Image: Bloomberg News)
Target Corp., which has tried for years to sell its credit card assets, said in January that it has temporarily "suspended" those efforts. (Image: Bloomberg News)
Citigroup Inc., which tried to sell its retailer-card business before recommitting to it last fall, in December signed a new consumer financing deal with Ford Motor Co. (Image: Bloomberg News)
Capital One last year agreed to buy HSBC's $30 billion U.S. credit card portfolio, which included cards issued on behalf of Best Buy and Saks Fifth Avenue, but is still awaiting regulatory approval. (Image: Bloomberg News)
Capital One is a relatively new, but aggressive, entrant into the specialized business of issuing credit cards for retailers. Last year the McLean, Va., bank bought Kohl's Corp.'s $3.7 billion credit card portfolio from JPMorgan Chase. (Image: Bloomberg News)
Toronto-Dominion's U.S. bank has quietly carved out a wider wedge of the private-label credit card market, signing up merchants including luxury jewelry Cartier. (Image: ThinkStock)
General Electric Co. has long been a major issuer of credit cards for retailers including JCPenney and Lowe's. GE tried to sell that business in 2007 but failed to find a buyer and ultimately recommitted to the unit. (Image: Bloomberg News)
Store credit cards have become some of the most actively shopped portfolios in the credit card M&A market in recent months though some potential buyers and sellers are standing pat.
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