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Last Updated: Monday, 29 December, 2003, 07:21 GMT
Debenhams 'reviewing Nectar card'
Nectar
Debenhams is said to be reviewing its Nectar membership
Debenhams is reviewing its membership of Nectar, the UK's biggest reward card scheme, it has been reported.

The Financial Times says Debenhams boss Rob Templeman is considering pulling the company out of the network, which was launched last year.

"I will be looking at everything over the next couple of months," Mr Templeman told the paper.

Some 13 million people have a Nectar card, and participating stores include Sainsbury's and Thresher.

'No commitments'

Mr Templeman added: "I am making no commitments to anything.

"I don't know until I look at the information."

Mr Templeman became chief executive of Debenhams at the start of December, after the department store group was bought by Baroness Retail, a consortium led by CVC Capital and Texas Pacific.

Nectar card owners collect points which earn them money off deals and other special offers.




SEE ALSO:
Debenhams backs Baroness takeover
10 Nov 03  |  Business
Debenhams sale nears the finish
23 Oct 03  |  Business
Has Nectar played its cards right?
16 Sep 03  |  Business


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