HSBC Renews Private-Label Card Contracts With Four Retailers

HSBC North America Holdings Inc. on Oct. 14 announced long-term contract renewals with four U.S. merchants for private-label credit card programs.

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Dallas-based luxury retailer Neiman Marcus Group extended its contract with HSBC to 2015; HSBC has managed the program since 2005.

Furniture Row LLC, a 330-store Denver-based furniture chain that operates such brands as Sofa Mart, Denver Mattress Co. and Oak Express, extended its contract until 2014; HSBC has managed the program since 2003.

Helzberg Diamonds, a North Kansas City, Mo.-based jewelry chain subsidiary of Berkshire Hathaway Inc. with some 230 stores, extended its contract until 2013; HSBC has managed the program since 2004.

Polaris Industries Inc., a Medina, Minn.-based manufacturer of snowmobiles and off-road and all-terrain vehicles, extended its contract until 2013; HSBC has managed the program since 2001.

 


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