GE renews deal with Wal-Mart

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Mogul of Pineapples
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GE renews deal with Wal-Mart

Postby Mogul of Pineapples » Thu Aug 06, 2009 11:48 pm

On CNBC today they mentioned how GE renewed its deal to issue cards for Wal-Mart. It's for another six years but they didn't mention the financial terms of the deal.

Does anyone else find this ironic? Just a few months ago GE was go around begging everyone to buy their store credit card division and saying how they didn't want to be in it anymore. Now they're continuing to grow the division? Weird.
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