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Safeway’s Prepaid Card Issuer Files for IPO
March 18, 2013 by Paul Ausick Source: Thinkstock The unit of Safeway Inc. (NYSE: SWY) that issues gift cards and other prepaid and reloadable cards this morning filed a Form S-1 with the U.S. Security and Exchange Commission (SEC) to raise up to $200 million in an initial public offering. The unit, which will be called [...]
READ MOREAre Gift Cards Dead? Response to CNBC news
Don’t plan any gift card memorials yet-there is still a LOT of life in the #1 most requested holiday gift! CNBC’s recent report on holiday gift card usage, Why Gift Cards May Be Dying Trend was an attention getting headline but it sent the wrong message. The call out is not “gift cards may be [...]
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