Rewards Network(SM) and Hudson's Bay Company Team Up to Launch Hbc Rewards Dining & Hotels

Date : 08/12/2004 @ 10:15AM
Source : PR Newswire
Stock : Rewards Network (IRN)
Quote : 4.95  0.0 (0.00%) @ 6:38PM
<< BackQuote Chart Financials

 



Rewards Network(SM) and Hudson's Bay Company Team Up to Launch Hbc Rewards Dining & Hotels

Rewards Network(SM) and Hudson's Bay Company Team Up to Launch Hbc Rewards Dining & Hotels

CHICAGO, Aug. 12 /PRNewswire-FirstCall/ -- Rewards Network Inc. (AMEX:IRN), one of the nation's leading providers of credit card-based loyalty and rewards programs, has partnered with Hudson's Bay Company (Hbc), Canada's largest department store retailer, to provide the Hbc Rewards Dining & Hotels Program.

Members can earn 100 Hbc Rewards bonus points for every dollar spent on food and drinks (tax and tips included) at thousands of participating restaurants, as well as receiving points from participating hotels. For every room-rate dollar spent, members can earn 50 Rewards bonus points, or 100 Hbc Rewards bonus points at "Special" hotels. These rewards are in addition to already special low rates that are competitive with the leading online travel sites.

"This partnership follows the expansion of our U.S. program into Canada," commented President and CEO George Wiedemann of Rewards Network (formerly iDine). "In light of the tremendous cross-border traffic, we want to offer our members opportunities to maximize their rewards both in Canada and the U.S., and our partnership with Hudson's Bay Company gives us a significant presence in the Canadian marketplace."

"Hbc Rewards members now have additional convenient and everyday ways to accumulate Hbc Rewards bonus points at more than 20,000 restaurants and hotels in Canada and the U.S.," said Stephen Knight, Vice President, Credit and Loyalty of Hudson's Bay Company. "Hbc Rewards Dining & Hotels is a very meaningful enhancement to our overall Hbc Rewards program."

Hbc Rewards Dining & Hotels bonus points are redeemable for merchandise from the Hbc Rewards Catalogue, online, or in-store at any Customer Service desk or HBC Rewards Centre. Enrollment is free at http://hbc.rewardsnetwork.com/ or by calling Member Services at 1-866-887-3463.

About Hudson's Bay Company

Hudson's Bay Company, established in 1670, is Canada's largest department store retailer and oldest corporation. The Company provides Canadians with the widest selection of goods and services available through retail channels that include more than 500 stores led by the Bay, Zellers and Home Outfitters chains.

Hudson's Bay Company is one of Canada's largest employers, with 70,000 associates and operations in every Canadian province.

About Rewards Network Inc.

Rewards Network, headquartered in Chicago, provides loyalty and rewards programs for restaurants and hotels via its registered credit card platform.

Incentives are offered through the Rewards Network branded program, airline frequent flyer dining programs, club memberships and other affinity organizations. Rewards Network has 3.5 million active members, over 10,400 restaurants, and more than 10,500 hotels participating in its rewards programs.

Rewards Network's common stock trades on the American Stock Exchange under the symbol IRN and is listed in newspapers as REWARDS. Additional details about Rewards Network can be found at http://www.rewardsnetwork.com/ or by calling Rewards Network at 1-877-491-3463.

DATASOURCE: Rewards Network, Inc.

CONTACT: Kenneth R. Posner, Chief Financial Officer of Rewards Network

Inc., +1-312-521-6790; or Katherine Raso of Hudson's Bay Company in Canada,

+1-416-861-6315, or ; or Chad Durasa, ext. 243, or Chris

Feeley, ext. 237, or Jane Grant, ext. 224, all of Pierson Grant Public

Relations, +1-954-776-1999, for Rewards Network, Inc.

Web site: http://www.rewardsnetwork.com/

http://hbc.rewardsnetwork.com/

<< Back


Rewards Network Historical Chart Rewards Network Intraday Chart  
Period


LSE and PLUS quotes are live. NYSE and AMEX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions :: Contact Us :: Request an Exchange :: Affiliate Scheme
Copyright1999-2008 ADVFN PLC. Copyright and limited reproduction :: Privacy Policy :: Investment Warning :: Advertise with us :: Data accreditations :: Investor Relations :: Press office :: Jobs
ADDITIONAL SERVICES AVAILABLE FROM ADVFN
Upgrade - Click here for more information on ADVFN premium services Money Words - ADVFN Financial Glossary Investor Training ADVFN Financial Bookshop Online Training Academy
31 site:2us 080725 18:38 Stock Message Boards ( 2001 | 2002 | 2003 | 2004 | 2005 | 2005 | 2007 )