First Annapolis Advises Macy’s, Inc. on Renewal of Credit Card Portfolio Agreement with Citi Retail Services

November 12, 2014

ATLANTA, GA – Building on a nearly decade-long relationship, Macy’s, Inc. and Citi Retail Services are today announcing the early renewal and long-term extension of their credit card services agreement. This new agreement, to run through March 2025, with substantially similar financial terms, will further solidify the strong relationship between one of the nation’s premier omnichannel retailers and the preferred provider of retail credit products and analytical solutions.

“We are pleased to continue this very important partnership with Citi,” said Karen Hoguet, chief financial officer of Macy’s Inc. “Our proprietary and co-branded card programs provide many valuable benefits to cardholders and strengthen the loyalty and engagement of the customers who shop Macy’s and Bloomingdale’s stores, websites and mobile apps.”

First Annapolis Consulting, Inc. advised Macy’s, Inc. on the renewal of this agreement.

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