Content about JPMorgan Chase

October 23, 2012
Survey: Most e-commerce companies expect better holiday sales

A survey released by Chase Paymentech, a subsidiary of JPMorgan Chase & Co., found that online companies are expecting the 2012 holiday shopping season to be better than last year.

Dallas -- A survey released Tuesday by Chase Paymentech, a subsidiary of JPMorgan Chase & Co., found that online companies are expecting the 2012 holiday shopping season to be better than last year.

According to the Chase Paymentech eHoliday Shopping Monitor, 59% of e-commerce companies surveyed expect better sales volume this season than in 2011, while almost half (47%) expect it to be better than pre-recession levels in 2007.

December 2, 2011
Michael Kors looks to go public

Michael Kors Holdings Ltd. is looking to raise as much as $792.3 million in an initial public offering that could value the company at $3.63 billion.

New York City -- Michael Kors Holdings Ltd. is looking to raise as much as $792.3 million in an initial public offering that could value the company at $3.63 billion.

The luxury brand, which has 169 stores in North America and 34 in Europe and Japan, said in a regulatory filing that it is offering 41.7 million shares on behalf of existing shareholders for $17 to $19 each.

September 29, 2011
Sears financial exec hired by JPMorgan to develop payment services

JPMorgan said Thursday it has hired Sears Holdings Corp. president of financial services Susan Ehrlich as a senior VP.

New York City -- JPMorgan said Thursday it has hired Sears Holdings Corp. president of financial services Susan Ehrlich as a senior VP.

Ehrlich will be charged to help create new payments services for customers, retailers and small businesses.

Ehrlich managed Sears’s expansion of payment and credit products over a five-year period for the retailer.
 

April 20, 2011
Francesca’s Holdings files IPO

Women’s fashion apparel retailer Francesca's Holdings Corp. filed for up to an estimated $150 million to be raised in an initial public offering.

New York City -- Women’s fashion apparel retailer Francesca's Holdings Corp. filed for up to an estimated $150 million to be raised in an initial public offering.

The company has about $41.4 million in proceeds from the offering earmarked toward repaying a senior secured credit facility, Dow Jones Newswires reported. Remaining funds may be used for opening new stores and growing its e-commerce business.

For the year ended Jan. 29, Francesca's same-store sales climbed 15% on top of a 9.8% increase a year earlier.

April 12, 2011
Chase Card Services in agreement with Kohl’s

Chase Card Services, a division of JPMorgan Chase & Co., and Kohl’s Department Stores announced an exclusive marketing partnership in which Chase card members enrolled in Chase’s Ultimate Rewards program will gain access to a wide range of increased rewards benefits for shopping at Kohl’s.

Wilmington, Del. -- Chase Card Services, a division of JPMorgan Chase & Co., and Kohl’s Department Stores announced an exclusive marketing partnership in which Chase card members enrolled in Chase’s Ultimate Rewards program will gain access to a wide range of increased rewards benefits for shopping at Kohl’s.

January 4, 2011
Dots acquired by Irving Place Capital

Private equity firm Irving Place Capital announced Tuesday that it acquired value-oriented women’s apparel and accessory retailer Dots.

New York City -- Private equity firm Irving Place Capital announced Tuesday that it acquired value-oriented women’s apparel and accessory retailer Dots. Terms of the transaction, which closed on Jan. 3, were not disclosed.

August 18, 2010
Barnes & Noble nominates 2 new board members

Barnes & Noble said Thursday it will nominate two new directors for election at its...

December 16, 2008
Macy's Amends $2 Billion Credit Agreement

Macy's Inc. said Wednesday it agreed to change its $2 billion credit facility to make...

October 30, 2008
Dillard’s Seeks to Reassure Investors on Debt

Dillard's Inc. on Friday offered more details about its financial position in an effort to...

October 30, 2008
Dillard’s Seeks to Reassure Investors on Debt

Dillard's Inc. on Friday offered more details about its financial position in an effort to...

October 1, 2008
Best Buy Canada Launches Rewards Program With Chase Canada

Best Buy Canada has partnered with Chase Card Services Canada, a division of JPMorgan Chase...

May 19, 2008
Target 1Q Profit Falls

First-quarter profits at Target Corp. dropped almost 8% on softer-than-expected sales and higher costs, but...

May 4, 2008
Target Sells Stake in Credit-Card Receivables

Target said it is selling an interest in its credit-card receivables business to JPMorgan Chase...

May 4, 2008
Target Sells Stake in Credit-Card Receivables

Target said it is selling an interest in its credit-card receivables business to JPMorgan Chase...

September 20, 2005
Container Store Makes Executive Moves

Dallas, The Container...

September 20, 2005
Container Store Makes Executive Moves

Dallas, The Container...

August 30, 2005
Sears Canada Sells Credit Business

Toronto, Sears Canada...