GE Money and Golfsmith Hit Hole In One with Consumer Finance Program
GOLFSMITH CARD OFFERED THROUGH RETAILERS AND ONLINE STORE
DAYTON, OHIO -- July 30, 2007 – GE Money’s Sales Finance unit and Golfsmith, the largest golf retailer that designs and markets custom-fit golf clubs and golf club components, has introduced the Golfsmith Card through its more than 70 retailers and online store.
GOLFSMITH CARD OFFERED THROUGH RETAILERS AND ONLINE STORE
DAYTON, OHIO -- July 30, 2007 – GE Money’s Sales Finance unit and Golfsmith, the largest golf retailer that designs and markets custom-fit golf clubs and golf club components, has introduced the Golfsmith Card through its more than 70 retailers and online store.
The private label credit program enables golf and tennis enthusiasts to choose from two card designs, one for each sport. Both cards provide online account management, flexible financing options, promotional credit terms, advance sales notices and exclusive discounts on a wide variety of golf and tennis equipment, apparel, accessories and other related merchandise.
“The Golfsmith Card is a terrific addition to the services we offer,” said Indriana Sudarto, director of customer relationship management for Golfsmith. “It will help increase our brand awareness and increase sales for our retailers while offering our customers an easier way to make their purchases.”
Sporting goods spending has continued to experience robust growth, with golf following exercise equipment as the biggest sporting goods purchase.* Women are the fastest-growing segment of the golfing population. Golf products specifically designed for women and juniors have been developed, which has helped increase interest in golf equipment and attracted new players.
“The right equipment makes a world of difference when playing golf and tennis,” said Dennis Murphy, vice president for the sporting goods industry, GE Money – Sales Finance. “The Golfsmith Card provides players with additional options and convenience when selecting the right set of clubs or racquet they need to play their best.”
About Golfsmith
Since 1967, Golfsmith International, Inc. has been providing customers the most innovative golf, and more recently tennis, products. Based in Austin, Tex., they operate more than 70 Golfsmith retail superstores throughout the United States, distribute the Golfsmith clubmaker and consumer catalogs and run an online store. These channels provide the consumer with convenient, dependable access to one of the largest selections of golf equipment, merchandise and training curriculum for consumers and golf clubmaking businesses. For more information, visit www.golfsmith.com.
About GE Money and Sales Finance
Sales Finance, based in Kettering, Ohio, is part of GE Money, and provides private label credit card programs, marketing, installment lending and financial services for national and regional retailers, dealers and service providers in more than 20 markets including: sporting goods, recreational vehicles, marine, automotive, powersports, outdoor power equipment, consumer electronics and appliances, landscaping, home improvement, furniture, floor covering, jewelry and luxury goods, and various health care disciplines.
With more than $190 billion in assets, GE Money, a unit of General Electric Company (NYSE: GE), is a leading provider of credit services to consumers, retailers and auto dealers in 55 countries around the world. GE Money, based in Stamford, Conn., offers a range of financial products, including private label credit cards, personal loans, bank cards, auto loans and leases, mortgages, corporate travel and purchasing cards, debt consolidation and home equity loans and credit insurance. More information can be found at www.gemoney.com.
GE is Imagination at Work -- a diversified technology, media and financial services company focused on solving some of the world’s toughest problems. With products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and advanced materials, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit < href="http://www.ge.com">www.ge.com.
©2007 General Electric Company, All rights reserved.
“The Golfsmith Card is a terrific addition to the services we offer,” said Indriana Sudarto, director of customer relationship management for Golfsmith. “It will help increase our brand awareness and increase sales for our retailers while offering our customers an easier way to make their purchases.”
Sporting goods spending has continued to experience robust growth, with golf following exercise equipment as the biggest sporting goods purchase.* Women are the fastest-growing segment of the golfing population. Golf products specifically designed for women and juniors have been developed, which has helped increase interest in golf equipment and attracted new players.
“The right equipment makes a world of difference when playing golf and tennis,” said Dennis Murphy, vice president for the sporting goods industry, GE Money – Sales Finance. “The Golfsmith Card provides players with additional options and convenience when selecting the right set of clubs or racquet they need to play their best.”
About Golfsmith
Since 1967, Golfsmith International, Inc. has been providing customers the most innovative golf, and more recently tennis, products. Based in Austin, Tex., they operate more than 70 Golfsmith retail superstores throughout the United States, distribute the Golfsmith clubmaker and consumer catalogs and run an online store. These channels provide the consumer with convenient, dependable access to one of the largest selections of golf equipment, merchandise and training curriculum for consumers and golf clubmaking businesses. For more information, visit www.golfsmith.com.
About GE Money and Sales Finance
Sales Finance, based in Kettering, Ohio, is part of GE Money, and provides private label credit card programs, marketing, installment lending and financial services for national and regional retailers, dealers and service providers in more than 20 markets including: sporting goods, recreational vehicles, marine, automotive, powersports, outdoor power equipment, consumer electronics and appliances, landscaping, home improvement, furniture, floor covering, jewelry and luxury goods, and various health care disciplines.
With more than $190 billion in assets, GE Money, a unit of General Electric Company (NYSE: GE), is a leading provider of credit services to consumers, retailers and auto dealers in 55 countries around the world. GE Money, based in Stamford, Conn., offers a range of financial products, including private label credit cards, personal loans, bank cards, auto loans and leases, mortgages, corporate travel and purchasing cards, debt consolidation and home equity loans and credit insurance. More information can be found at www.gemoney.com.
GE is Imagination at Work -- a diversified technology, media and financial services company focused on solving some of the world’s toughest problems. With products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and advanced materials, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit < href="http://www.ge.com">www.ge.com.
©2007 General Electric Company, All rights reserved.
