Kohl’s Department Stores (KSS) and Capital One Financial have renewed their multi-year private label credit card program agreement to focus on customer service offering cardholders access to exclusive offers, guaranteed savings, and online payment services.
KSS chairman, CEO and president Kevin Mansell said, "The Kohl’s credit program is an important element of our engagement with our most loyal customers, and our strong partnership with Capital One helps us manage these valuable relationships."
"We chose to partner with Capital One in 2011 because of their financial strength and our shared commitment to driving profitable sales and creating lasting relationships with our Kohl’s card holders."
Capital One chairman and CEO Richard Fairbank commented, "Our partnership with Kohl’s shows how a card program can be a great strategic asset for our partners, enabling sales and delivering great value, loyalty and an exceptional customer experience."
With operations based in Illinois and Virginia, Capital One’s Partnership division is a provider of retail and co-brand payment solutions for some of the nation’s influential companies.