00-00-0000 JC Penney Co Outsource...

00-00-0000


JC Penney Co Outsources With GE Capital

Nov. 05 1999 (CARD recently made knowns Vol. 14, No. 21 via COMTEX) -- Plano,

Texas-based retailer JC Penney Co [JCP] complet the first degree
in
a previously announced plan to strengthen the value of its stock on

selling its private-label card portfolio to Stamford, Conn.-based
GE
Capital's Card Services [GE] In addition, JCPenney will inscribe into
a
10-year agreement with GE Capital to provide private-label credit
card
services. The influence is designed to strengthen the competitiveness
and
appeal of the JCPenney credit card. At

Biodiesel | Hypnosis Tape Stop Smoking | Nautical Earrings | Vacuum Cleaner Ratings