New Payment Option Offered Through Retailer's 29 Northwest Locations
KETTERING, Ohio--(BUSINESS WIRE)--GE Money and Joe's Sports & Outdoor, one of the top 50 sporting goods retailers in the U.S., today announced a five-year agreement to provide the Joe's Sports & Outdoor credit card. The Sport Finance Program, managed by GE Money's Sales Finance unit, will be available as a payment option at the sporting goods retailer's 29 locations throughout Oregon, Washington and Idaho.
The private label credit program enables sports and fitness enthusiasts to take advantage of special financing offers, advanced sales notifications and exclusive discounts. Joe's Sports & Outdoor customers can use the card to purchase products and services, including sports and fitness apparel, team items, gear, game room supplies, winter and summer sports equipment repairs, as well as roof racks and other accessories for cars, trucks and SUVs.
"We've created the top destination for serious outdoor enthusiasts, and want to be able to provide a dedicated line of credit for all our customers' sports & outdoor-related purchases," said Norm Daniels, president & CEO for Joe's Sports & Outdoor. "By partnering with GE Money, which is experienced in our market, we can offer this finance program as a new way to expand our service offering and improve our customer experience."
"A private label credit program is a great way for retailers to build customer loyalty and provide purchasing convenience," said Dennis Murphy, vice president for the Sporting Goods Industry, GE Money -- Sales Finance. "We're proud to work with Joe's Sports & Outdoor to offer a program to help increase sales, customer satisfaction and awareness of their diverse products and services."
About Joe's Sports & Outdoor
Joe's Sports & Outdoor operates 29 stores in Oregon, Washington and Idaho, which range in size from 36,000 to 70,000 square feet. Revenues for this fiscal year are expected to exceed $275 million. Founded in 1952, the company celebrates 55 years in business in 2007. For more information, visit www.joessports.com.
About GE Money
With more than $190 billion in assets, GE Money, a unit of General Electric Company (NYSE:GE), is a leading provider of credit services to consumers, retailers and auto dealers in more than 55 countries around the world. GE Money, based in Stamford, Conn., offers a range of financial products, including private label credit cards, personal loans, bank cards, auto loans and leases, mortgages, corporate travel and purchasing cards, debt consolidation and home equity loans, and credit insurance. More information can be found at www.gemoney.com. GE Money's Sales Finance unit, based in Kettering, Ohio, provides private label credit card programs, marketing, installment lending and financial services for national and regional retailers, dealers, manufacturers and service providers in more than 20 industries including: sporting goods, powersports, outdoor power equipment, home improvement, automotive, recreational vehicles, consumer electronics and appliances, furniture, floor covering, marine, music, jewelry, and health care.
GE is Imagination at Work -- a diversified technology, media and financial services company focused on solving some of the world's toughest problems. With products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and advanced materials, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit www.ge.com.
GE Money
Cristy Williams, 678-518-2596
[email protected]
or
Joe's Sports & Outdoor
Shannon Burley, 503-570-1451
[email protected]
Cristy Williams
[email protected]
678.518.2596