American Express and Regis Corporation Announce Strategic Partnership; Hair Care Industry's Global Leader to Roll-out Card Acceptance at all of its U.S. Locations.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. and Regis Corporation Regis Corporation is the largest hair salon chain in the world, with over 11,000 salons (including both company-owned and franchises), it is ranked 778 on the Fortune 1000. today announced a plan for nationwide card acceptance at Regis' U.S. salons. With thousands of locations currently accepting the American Express Card, the companies expect all corporate owned Regis U.S. locations to be accepting American Express by the end of calendar year 2005. "Our partnership with American Express is in direct response to our customers. Over the last several years we have seen an increasing demand by our customers to accept American Express," commented Kyle Didier, vice president, finance at Regis Corporation. "In addition, American Express' willingness to extend the partnership benefits to our franchisees demonstrates their commitment to drive value throughout the entire Regis Corporation network." "Working with the world's largest operator of hair salons reinforces our commitment to the hair salon industry overall and demonstrates our ability to drive value to hair salon owners," said Elizabeth Langwith, vice president, American Express Establishment Services. "We're delighted to provide our Cardmembers with another opportunity to earn rewards, cash or miles for their everyday purchases." The companies will work together to develop marketing programs that deliver value to consumers using American Express-branded cards. In addition, Regis franchise owners will qualify for special discounts on a variety of business expenses ranging from shipping, technology, car rentals and cellular phone service through the American Express Business Savings Program. About American Express American Express Company is a diversified worldwide travel, network, and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. provider founded in 1850. It is a leader in charge and credit cards, Travelers Cheques, travel, financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against , investment products, insurance and international banking. For more information, visit www.americanexpress.com. About Regis Corporation Regis Corporation (NYSE NYSE See: New York Stock Exchange : RGS RGS Royal Geographical Society RGS Rio Grande do Sul (Brazilian State) RGS Regulators of G Protein Signaling RGS Royal Grammar School (England) RGS Royal Grammar School (UK) ) is the industry leader in the hair service business, which includes three distinct, but related, elements: beauty salons, hair restoration centers and beauty schools. As of December 31, 2004, the Company owned or franchised 10,412 hair salons, 91 hair restoration centers and 15 beauty schools operating under concepts such as Supercuts, jean Louis Jean Louis (born Jean Louis Berthauldt, October 5, 1907, Paris, France - April 20, 1997, Palm Springs, California, USA) was a U.S. costume designer and multiple Academy Award nominee in Costume Design. David, Vidal Sassoon, Regis Salons, MasterCuts, trade Secret, SmartStyle, Cost Cutters and Hair Club for Men and Women. These concepts are located in the US and in ten other countries throughout North America. For additional information, visit www.regiscorp.com and Europe. |
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