Announcements

Alliance Data is one of the top lenders in the private label credit card space and faces Synchrony, Citi Retail Services, and Capital One PLCC.  Mercator Advisory Group covered the industry in this recent Research Report.

Alliance Data recently changed executive management after a series of bumps in the road, tapping Ralph Andretta, formerly of Citi, to run the business. The timing was perfect for the management change, particularly since Alliance Data is contending with the floundering U.S. retail market and the impact of COVID-19 on sales and credit quality."