Credit and Store Cards
David Jones derives about 30 per cent of its annual earnings from its store cards. In February 2008, it announced it would be launching a David Jones American Express card before Christmas 2008 and would transfer its $400 million store card receivables (representing 400,000 cardholders) to American Express. It is also considering additional financial services such as insurance and home loans under its brand.
Read more about this topic: David Jones Limited
Famous quotes containing the words credit, store and/or cards:
“Laws remain in credit not because they are just, but because they are laws. That is the mystic foundation of their authority; they have no other.”
—Michel de Montaigne (1533–1592)
“I stopped believing in Santa Claus when I was six. Mother took me to see him in a department store and he asked for my autograph.”
—Shirley Temple Black (b. 1928)
“But cards are war, in disguise of a sport.”
—Charles Lamb (1775–1834)