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Best Buy Canada sells private label cards to Desjardins
Burnaby, Canada - Canadian financial cooperative Desjardins Group is acquiring both the Best Buy Canada and Future Shop private-label credit card portfolios from Best Buy Canada Ltd. Along with the two branded credit card portfolios, Desjardins will also be acquiring most outstanding loans and client accounts.
In addition, all Best Buy Canada and Future Shop stores nationwide will offer Desjardins' Accord D financing, a product to finance in-store purchases. -
Target aims for a baby boom
Target is stepping up its efforts to attract new parents to its stores with a new partnership, educational classes and a social media campaign.
Bump Club and Beyond, the nation's largest social event network for new moms, is partnering with Target to present a national series of events designed to help expectant and new parents learn the "basics" of bringing up baby.