DALLAS, Sept. 1, 2015 /PRNewswire/ -- Alliance Data
Systems Corporation (NYSE: ADS), a leading global provider of
data-driven marketing and loyalty solutions, today announced that
its LoyaltyOne business, operator of its Canadian coalition loyalty
business, signed a new multi-year agreement with Lowe's
Canada, a division of Lowe's
Companies, Inc. (NYSE: LOW), to become a sponsor in the AIR
MILES Reward Program. A full roll-out of the rewards program to
Lowe's stores in Canada is
anticipated to begin on December 1,
2015. No other terms of the agreement were released.
Lowe's Companies, Inc. is a FORTUNE® 50 home
improvement company with fiscal year 2014 sales of $56.2 billion, serving approximately 16 million
customers a week in the United
States, Canada and
Mexico through its stores and
online.
In Canada, Lowe's opened its
first stores in December 2007 and now
operates 40 stores in Ontario,
Alberta, Saskatchewan and British Columbia. In July 2015, Lowe's Canada announced that it will expand its
presence in the provinces in which it currently has stores by
opening an additional 14 new locations. Canadian customers will be
able to earn reward miles at all Canadian Lowe's retail locations
and for purchases online at lowes.ca.
"Lowe's expanding presence in Canada's multi-billion dollar and highly
competitive home improvement retail category reflects Canadians'
continued interest in spending on housing and home improvement
projects," said Bryan Pearson,
president of LoyaltyOne, owner and operator of the AIR MILES Reward
Program. "Lowe's participation in our coalition loyalty program
expands and deepens our penetration in this high-value category and
will accelerate reward miles issuance in significant-sized markets
across Canada."
"We are excited to join the AIR MILES Reward program and offer
our customers an even more rewarding experience in our stores,"
says Sylvain Prud'homme, President,
Lowe's Canada. "As we grow our
business in Canada, we continue to
look for ways to add value for our customers and enhance their
overall shopping experience. This partnership gives our customers
one more reason to shop at Lowe's."
The AIR MILES Reward Program is Canada's premier coalition loyalty program
with more than 10 million active Collector accounts, representing
approximately two-thirds of all Canadian households. AIR MILES
collectors earn reward miles at more than 100 leading brand-name
partners representing thousands of retail and service locations
across Canada. AIR MILES reward miles can be redeemed for more
than 1,200 different rewards, such as travel, movie passes,
entertainment attractions, and electronic merchandise. The AIR
MILES Cash feature option enables Collectors who opt in the
flexibility to instantly redeem their AIR MILES reward miles from
their Cash balance in-store towards their purchases at
participating Partners.
About Lowe's
Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home
improvement company serving approximately 16 million customers a
week in the United States, Canada and
Mexico through its stores and online. With fiscal year
2014 sales of $56.2 billion, Lowe's has 1,840 home improvement
and hardware stores and more than 265,000 employees. In
Canada, Lowe's opened its first
stores in December 2007 and now operates 40 stores in
Ontario, Alberta, Saskatchewan and British
Columbia with more than 6,000 employees. For more information,
visit Lowes.ca.
About LoyaltyOne
LoyaltyOne is a global leader in the design and implementation
of coalition loyalty programs, customer analytics and loyalty
services for Fortune 1000 clients around the world. LoyaltyOne's
unparalleled track record delivering sustained business performance
improvement for clients stems from its unique combination of
hands-on practitioner experience and continuous thought leadership.
LoyaltyOne has over 20 years history leveraging data-driven
insights to develop and operate some of the world's most effective
loyalty programs and customer-centric solutions. These include the
AIR MILES Reward Program, North
America's premier coalition loyalty program; a majority
stake in European-based BrandLoyalty, one of the largest and most
successful campaign-driven loyalty marketers outside of the
Americas; and a working partnership with Latin America's leading coalition program,
dotz. LoyaltyOne is also the owner of COLLOQUY, a group dedicated
to research, publishing and education for the global loyalty
industry.
LoyaltyOne is an Alliance Data company. For more information,
visit www.loyalty.com.
About Alliance Data
Alliance Data® (NYSE: ADS) is a leading global
provider of data-driven marketing and loyalty solutions serving
large, consumer-based industries. The Company creates and deploys
customized solutions, enhancing the critical customer marketing
experience; the result is measurably changing consumer behavior
while driving business growth and profitability for some of today's
most recognizable brands. Alliance Data helps its clients create
and increase customer loyalty through solutions that engage
millions of customers each day across multiple touch points using
traditional, digital, mobile and emerging technologies. An S&P
500 and Fortune 500 company headquartered in Plano, Texas, Alliance Data consists of three
businesses that together employ more than 15,000 associates at
approximately 100 locations worldwide.
Alliance Data's Card Services business is a leading provider of
marketing-driven branded credit card programs. Epsilon®
is a leading provider of multichannel, data-driven technologies and
marketing services, and also includes Conversant®, the
leader in personalized digital marketing. LoyaltyOne®
owns and operates the AIR MILES® Reward Program,
Canada's premier coalition loyalty
program, and holds a majority interest in Netherlands-based BrandLoyalty, a global
provider of tailor-made loyalty programs for grocers.
Follow Alliance Data on Twitter, Facebook, LinkedIn and
YouTube.
Alliance Data's Safe Harbor Statement/Forward Looking
Statements
This release may contain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
Such statements may use words such as "anticipate," "believe,"
"continue, " "could," "estimate," "expect," "intend, " "may, "
"predict," "project," "would," and similar expressions as they
relate to us or our management. When we make forward-looking
statements, we are basing them on our management's beliefs and
assumptions, using information currently available to us. Although
we believe that the expectations reflected in the forward-looking
statements are reasonable, these forward-looking statements are
subject to risks, uncertainties and assumptions, including those
discussed in our filings with the Securities and Exchange
Commission.
If one or more of these or other risks or uncertainties
materialize, or if our underlying assumptions prove to be
incorrect, actual results may vary materially from what we
projected. Any forward-looking statements contained in this
presentation reflect our current views with respect to future
events and are subject to these and other risks, uncertainties and
assumptions relating to our operations, results of operations,
growth strategy and liquidity. We have no intention, and disclaim
any obligation, to update or revise any forward-looking statements,
whether as a result of new information, future results or
otherwise, except as required by law.
"Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995: Statements in this presentation regarding
Alliance Data Systems Corporation's business which are not
historical facts are "forward-looking statements" that involve
risks and uncertainties. For a discussion of such risks and
uncertainties, which could cause actual results to differ from
those contained in the forward-looking statements, see "Risk
Factors" in the Company's Annual Report on Form 10-K for the most
recently ended fiscal year. Risk factors may be updated in Item 1A
in each of the Company's Quarterly Reports on Form 10-Q for each
quarterly period subsequent to the Company's most recent Form
10-K.
Contact:
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Alliance
Data
Tiffany Louder –
Investor Relations
214-494-3048
tiffany.louder@alliancedata.com
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Lowe's
Chris Ahearn –
VP-Corporate Communications
704-758-2304
chris.c.ahearn@lowes.com
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Steve Calk –
Analysts/Investors FTI
Consulting
212-850-5611 alliancedata@fticonsulting.com
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Shelley Whiddon –
Media
214-494-3811
shelley.whiddon@alliancedata.com
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SOURCE Alliance Data Systems Corporation