UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): | August 26, 2010 |
Alliance Data Systems Corporation
__________________________________________
(Exact name of registrant as specified in its charter)
Delaware | 001-15749 | 31-1429215 |
_____________________ (State or other jurisdiction |
_____________ (Commission |
______________ (I.R.S. Employer |
of incorporation) | File Number) | Identification No.) |
7500 Dallas Parkway, Suite 700, Plano, Texas | 75024 | |
_________________________________ (Address of principal executive offices) |
___________ (Zip Code) |
Registrants telephone number, including area code: | (214) 494-3000 |
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 7.01 Regulation FD Disclosure.
On August 26, 2010, Alliance Data Systems Corporation issued a press release announcing that it has signed a multi-year agreement with David’s Bridal, Inc., the nation’s leading retailer of bridal and special occasion attire, to provide private label credit card services for both David’s Bridal and Priscilla of Boston. A copy of this press release is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
99.1 Press release dated August 26, 2010 announcing an agreement with David’s Bridal, Inc.
The information contained in this report (including Exhibit 99.1) shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such a filing.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Alliance Data Systems Corporation | ||||
August 26, 2010 | By: |
Charles L. Horn
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Name: Charles L. Horn | ||||
Title: Executive Vice President and Chief Financial Officer |
Exhibit Index
Exhibit No. | Description | |
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99.1
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Press release dated August 26, 2010 announcing an agreement with David’s Bridal, Inc. |
NEWS RELEASE
Contact: Alliance Data
Julie Prozeller Analysts/Investors
Financial Dynamics
212-850-5721
alliancedata@fd.com
Shelley Whiddon Media
214-494-3811
shelley.whiddon@alliancedata.com
Davids Bridal
Philip C. Galbo
Davids Bridal
610-943-6824
pgalbo@dbi.com
ALLIANCE DATA SIGNS MULTI-YEAR AGREEMENT
WITH DAVIDS BRIDAL
Alliance Data to Provide Private Label Credit Card and Marketing Services
for Nations Largest Specialty Retailer of Bridal Gowns and Accessories
DALLAS August 26, 2010 Alliance Data Systems Corporation (NYSE: ADS), a leading provider of loyalty and marketing solutions derived from transaction-rich data, today announced it has signed a multi-year agreement with Davids Bridal, Inc., the nations leading retailer of bridal and special occasion attire. Davids Bridal enables its customers to coordinate all aspects of their wedding or special event at one convenient location, offering exclusive bridal attire collections, as well as accessories, party and special occasion dresses, invitations, gifts and favors. In addition, through its extensive partner network, Davids Bridal also facilitates the coordination of tuxedo rentals, honeymoon planning and photography services. The company offers personalized service to its customers in more than 300 stores nationwide, as well as 24-7 shopping and wedding coordination online at davidsbridal.com. With over a third of the nations brides purchasing their gowns at Davids Bridal, it has become a clear leader in the wedding industry and beyond.
Headquartered in Conshohocken, Pa., Davids Bridal is also the parent company of Priscilla of Boston, a couture bridal and special occasion attire retailer specializing in high end designer collections in 19 stores nationwide.
Under terms of the agreement, Alliance Data will provide private label credit card services for both Davids Bridal and Priscilla of Boston, including account acquisition and activation; receivables funding; card authorization; private label credit card issuance; statement generation; remittance processing; customer service functions; and marketing services.
As part of this private label credit card program, Alliance Data will provide customized marketing communications in support of the card program that are designed to create long-lasting and more engaging customer relationships. As an example, cardholders will receive targeted messages via monthly billing statements throughout their wedding planning process that include welcome kits, appointment reminders, notices of special promotions, and more. Following the big event, lifestyle marketing could also include communications promoting formal/cocktail attire for other special occasions. Through more relevant and targeted statement communications, the program will support Davids Bridals goals to further enhance its customer relationships, making the brand their go-to destination for all special occasion and party dress needs.
We believe that by partnering with Alliance Data, we will be able to better assist our customers when making important purchases for milestone occasions like weddings. Through collaborative and strategic direct marketing efforts, it also allows us to establish stronger relationships with our customers that will hopefully increase the likelihood of them coming back to us for future special occasion dress needs. said Senior Vice President and Treasurer Philip Galbo of Davids Bridal, Inc. Through these branded card programs, were providing greater value to our customers at both Davids Bridal and Priscilla of Boston.
Davids Bridal is truly a category leader with a rich history of providing their customers with an ideal one-stop shop for creating memorable, meaningful life events, said Ivan Szeftel, president of Retail Services for Alliance Data. Were excited to partner with them, and to support Davids Bridals goal of continuing to expand outside bridal, while bringing greater value to every customer. Our robust suite of credit and marketing services will help enhance their marketing and merchandising strategies, as well as allow them to communicate with their existing and prospective customers in ways that move beyond simple transactions to building and strengthening customer loyalty.
About Davids Bridal
With more than 50 years of bridal experience, Davids Bridal understands the importance of
providing brides-to-be with a vast selection of exquisitely crafted dresses, available at
affordable prices. Today, with over 300 locations nationwide, Davids Bridal continues to expand
its retail store locations, while maintaining its philosophy of superior quality, value and
service. To locate a store nearby, consumers can call 1-877-693-BRIDE or visit
www.davidsbridal.com.
About Alliance Data
Alliance Data (NYSE: ADS) and its combined businesses is North Americas largest and most
comprehensive provider of transaction-based, data-driven marketing and loyalty solutions serving
large, consumer-based industries. The Company creates and deploys customized solutions, enhancing
the critical customer marketing experience; the result is measurably changing consumer behavior
while driving business growth and profitability for some of todays most recognizable brands.
Alliance Data helps its clients create and increase customer loyalty through solutions that engage
millions of customers each day across multiple touch points using traditional, digital, mobile and
other emerging technologies. Headquartered in Dallas, Alliance Data employs approximately 7,400
associates at 50 locations worldwide.
Alliance Data is a leading provider of marketing-driven credit solutions, and is the parent company of Epsilon®, a leading provider of multi-channel, data-driven technologies and marketing services, and LoyaltyOne, which owns and operates the AIR MILES® Reward Program, Canadas premier coalition loyalty program. For more information about the company, visit our web site, www.AllianceData.com, or you can follow us on Twitter at www.Twitter.com/AllianceData.
Alliance Datas Safe Harbor Statement/Forward Looking Statements
This release may contain forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Such statements may use words such as anticipate, believe, estimate, expect,
intend, predict, project and similar expressions as they relate to us or our management. When
we make forward-looking statements, we are basing them on our managements beliefs and assumptions,
using information currently available to us. Although we believe that the expectations reflected in
the forward-looking statements are reasonable, these forward-looking statements are subject to
risks, uncertainties and assumptions, including the anticipated effects of the CARD Act and those
discussed in our filings with the Securities and Exchange Commission.
If one or more of these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, actual results may vary materially from what we projected. Any forward-looking statements contained in this presentation reflect our current views with respect to future events and are subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We have no intention, and disclaim any obligation, to update or revise any forward-looking statements, whether as a result of new information, future results or otherwise.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this presentation regarding Alliance Data Systems Corporations business which are not historical facts are forward-looking statements that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Risk Factors in the Companys Annual Report on Form 10-K for the most recently ended fiscal year. Risk factors may be updated in Item 1A in each of the Companys Quarterly Reports on Form 10-Q for each quarterly period subsequent to the Companys most recent Form 10-K.
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