{"id":1764,"date":"2013-09-01T08:18:27","date_gmt":"2013-09-01T02:48:27","guid":{"rendered":"http:\/\/indonesia-furniture.com\/news\/2013\/09\/01\/pier-1-to-sell-private-label-credit-card-operations-to-chase\/"},"modified":"2013-09-01T08:18:27","modified_gmt":"2013-09-01T02:48:27","slug":"pier-1-to-sell-private-label-credit-card-operations-to-chase","status":"publish","type":"post","link":"https:\/\/indonesia-furniture.com\/articles\/pier-1-to-sell-private-label-credit-card-operations-to-chase\/","title":{"rendered":"Pier 1 to sell private-label credit card operations to Chase"},"content":{"rendered":"<p>Furniture Today,<br \/>\nFORT WORTH, Texas &#8212; Pier 1 Imports said it has agreed to sell its private-label credit card business to banking powerhouse Chase in a deal that will bring the retailer about $155 million in cash.<br \/>\n                        <!--adsense--><br \/>\n\t\t <!--more--><br \/>\nPier 1 said it would continue to offer its private label card, known as the Pier 1 Preferred Card, through Chase under a long-term marketing and servicing agreement signed by the two entities. The retailer\u00e2\u20ac\u2122s portfolio includes approximately $140 million in receivables and almost 1 million active accounts.<\/p>\n<p>The transaction is expected to close during Pier 1\u00e2\u20ac\u2122s fiscal third quarter, and is subject to regulatory approval and other customary closing conditions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Furniture Today, FORT WORTH, Texas &#8212; Pier 1 Imports said it has agreed to sell its private-label credit card business to banking powerhouse Chase in a deal that will bring the retailer about $155 million in cash.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-1764","post","type-post","status-publish","format-standard","hentry","category-furniture-world-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts\/1764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/comments?post=1764"}],"version-history":[{"count":0,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts\/1764\/revisions"}],"wp:attachment":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/media?parent=1764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/categories?post=1764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/tags?post=1764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}