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ODP to offer prepaid card from American Express
NEW YORK — Office Depot has teamed up with American Express to launch a prepaid reloadable card with no monthly or maintenance fees, will soon be available in retail at select Office Depot stores. The card will roll out in more than 1,100 stores across the United States in the coming weeks.
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Report: Five Below eying IPO
Philadelphia -- A Wednesday report by Reuters said that discounter Five Below is said to be considering an initial public offering.
The report, citing unnamed sources, said that the Advent International- and LLR Partners-owned chain has hired underwriters and is in discussions with bankers.
Five Below is in a growth mode and could potentially command a market valuation of over $1 billion.