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Transaction Outsourcing: Alliance Renews Arhaus Deal

December 10, 2010 (FinancialWire) (http://www.financialwire.net/) — Alliance Data Systems Corp. (ADS – NYSE), a provider of loyalty and marketing solutions, said that it has signed a multi-year renewal agreement with retailer Arhaus Furniture to continue providing private label credit card services for Arhaus' retail locations.

Ohio-based Arhaus operates 35 stores in 14 states, with plans for four additional locations to open in 2011. Arhaus has been an Alliance Data client since 1992.

Under terms of the agreement, Alliance Data will continue providing private label credit card services, including account acquisition and activation, receivables funding, card authorization, private label credit card issuance, statement generation, remittance processing, marketing services and customer service functions as part of the "Archarge" credit card program.

Texas-based Alliance Data employs around 7,400 associates at 50 locations worldwide. 

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