Home>Topics>>Genesis to offer financing to Zale shoppers with weak credit

Genesis to offer financing to Zale shoppers with weak credit

Reuters: Financials

Mon, 12 Nov 2012

Nov 12 (Reuters) - Zale Corp on Monday said that Genesis Financial Solutions will provide financing to some of its customers with low credit scores in a bid to avoid losing sales to customers turned down by Citibank, which issues the jeweler's private label credit cards.

Related Videos

  1. Tech Takeaways From a Rocky Week

    Fri, 19 Oct 2012

    Morningstar markets editor Jeremy Glaser digs into Microsoft's weak quarter, Google's unwelcome surprises, and brick-and-mortar retailers' continuing battle against their cyber rivals.

  2. Are Big Banks a Bargain?

    Wed, 17 Oct 2012

    Leadership changes and litigation risk should not scare investors away from financials, as quarterly results show that several names are currently a fairly good deal, says Morningstar's Jim Sinegal.

  3. Has Citigroup Put the Credit Crisis Behind It?

    Wed, 20 Jul 2011

    Morningstar's Jim Leonard explores how well Citi has managed to clean up its balance sheet since the depth of the crisis.

Content Partners