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JCPenney and Synchrony Extend Long-Term Financing Partnership with Multi-Year Contract Renewal

JCPenney and Synchrony Extend Long-Term Financing Partnership with Multi-Year Contract Renewal

10/30/24, 11:11 AM
Industry
retail
fashion
e commerce
Type
partnership
Synchrony has announced a long-term extension of their nearly 25-year partnership with JCPenney. The partnership has been expanded to include new financing options, such as the addition of Synchrony Pay Later, a buy now, pay later financing option, offered at JCPenney to meet customer needs, especially in JCPenney's fine jewelry business.

Company Info

Company
JCPenney
Additional Info
JCPenney, also known as the J.C. Penney Company, is a department store chain focusing on offering value for working families. The company is currently undergoing a $1 billion turnaround plan to reposition its brand and loyalty offering.