[Image of: RetailWire Logo and Tagline (for print)]

Also from Ben Ball...

Braintrust Resource

Dechert-Hampe & Company
Sale Force of the Future - 2012
Survey Results - February - 2012 (pdf)

Links by Ben

More Blog Entries

 
[Image of: Ben Ball]

Ben Ball

Senior Vice President
Dechert-Hampe

Target Sells Credit Cards, Cuts Debt, Focuses on Retailing

October 24, 2012

FROM RETAILWIRE:
Target, which has said for a couple of years that it wanted to sell its credit card business, announced yesterday that it had reached a deal to sell its portfolio to Toronto-Dominion Bank, AKA TD Bank. What is your reaction to Target's decision to sell its credit card business?      [more...]

MY COMMENTARY:

The coalition of retailers contemplating operating a mobile payment system should take note. Even after launching a successful, single retailer focused and wholly owned traditional payment system, Target concluded they were better off not being in the payments processing business.

Search RetailWire
Follow Us...
[Image of:  Twitter Icon] [Image of:  Facebook Icon] [Image of:  LinkedIn Icon] [Image of:  RSS Icon]

RetailWire's
Getting Started video!

View this quick tutorial and learn all the essentials...