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  • Thursday, February 7, 2013 8:30 am EST
    STAMFORD, Conn. & NEW YORK--(BUSINESS WIRE)--The single biggest jump in discounted merchandise occurred on Wednesday, November 21, 2012, dubbed “Black Wednesday;” however, discounts did not level off for a week. This retail insight is among the findings from data provided by NY-based Hukkster, in conjunction with a recent consumer survey conducted by GE Capital’s Retail Finance business, the consumer lending unit of General Electric Company (NYSE:GE - News), through Crowdtap. more
  • Thursday, January 31, 2013 8:49 am EST
    STAMFORD, Conn. & FARMINGDALE, N.Y.--(BUSINESS WIRE)--GE Capital Retail Bank today announced a multi-year extension of its relationship with P.C. Richard & Son to provide a consumer credit card program. GE Capital Retail Bank provides financial solutions to retailers to help grow their customer sales and will continue to service the account and manage the credit program, which began in 1986. more
  • Friday, January 25, 2013 8:08 am EST
    GE Capital Retail Bank and Jerome's Furniture, a family-owned and operated home furnishings business, recently announced a multi-year extension of their private label credit card program. GE Capital's Retail Finance business, the operating entity that provides financial solutions to retailers and dealers to help grow their customer sales, will continue to manage the relationship and service the account, which launched in 2009. more
  • Thursday, January 24, 2013 8:08 am EST
    GE Capital Retail Bank today announced a multi-year extension of their relationship with the National Home Furnishings Association (NHFA) andWestern Home Furnishings Association (WHFA) to provide a consumer credit card program through their member retailers GE Capital Retail Bank provides financial solutions to retailers to help grow their customer sales and will continue to service the account and manage the credit program, which began in 2010 and 2009 respectively. more
  • Monday, January 14, 2013 7:00 am EST
    STAMFORD, Conn.--(BUSINESS WIRE)--GE Capital Retail Bank, a Federal Savings Bank, announced today that it finalized the acquisition of MetLife's deposit base and online deposits business. The deal adds approximately $6.4 billion in deposits, 40 employees, and an established online banking platform. Financial terms of the transaction, which has been approved by the Office of the Comptroller of the Currency (OCC), were not disclosed. more
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