Citi Retail Services and Wawa, Inc. Announce Long-Term Credit Card Agreement

Companies to Unveil Credit Card for Wawa’s Loyal Customer Base

ATLANTA & WAWA, Pa.--()--Citi Retail Services and Wawa, Inc. today announced a multi-year agreement to launch a private label consumer credit card program for Wawa customers. Wawa owns and operates more than 700 convenience stores (over 450 offering gasoline) in five Mid-Atlantic states and Florida. Citi Retail Services, a unit of Citi, is one of the country’s largest and most experienced private label credit card issuers. The companies will launch the card program on September 30, 2015. Citi will manage and service the portfolio of accounts.

“Wawa customers will soon have a credit card to call their own,” said Citi Retail Services’ Craig Vallorano, Managing Director for Business Development and Strategy. “Wawa has a differentiated and growing business with a strong retail brand and loyal customer base. This card program will give Wawa customers a convenient payment option with an enhanced value proposition on fuel purchases. We look forward to working with such an innovative, customer-focused company that, like Citi, has a long history of meeting customers’ changing needs.”

“At Wawa part our commitment to fulfilling lives every day means continually providing the community with value. We do this with quality products, priced competitively, no-surcharge ATMs, and now with our new private label card – the Wawa Credit Card,” said Cathy Pulos, Chief People and Chief Financial Officer for Wawa. “This new credit card was specifically designed to enhance the customer experience by adding value and simplicity to our customers’ transactions, specifically around the purchase of fuel. We look forward to launching this venture, making fueling up and checking-out better than ever before.”

The agreement with Wawa is the fourth new card relationship and seventh contract renewal Citi Retail Services has announced since the beginning of 2014. The business provides consumer and commercial credit card products, both private label and co-brand, to national and regional retailers and their customers across the U.S. It also provides retail industry expertise, including transaction data analytics, and fully integrated marketing and loyalty programs. It services nearly 90 million accounts for a number of iconic brands, including Best Buy, Macy’s, Sears and The Home Depot.

About Wawa, Inc.

Wawa, Inc., is a privately held company headquartered in Wawa, PA, near Philadelphia. Wawa is your all day, every day stop for fresh, built-to-order® foods, beverages, coffee, fuel services, and surcharge-free ATMs. In July of 2015, Wawa was named “America’s Most Beloved Convenience Store” by a Market Force study of 7,000 consumers winning with the highest "composite loyalty score" of 68 percent, and first place in the fresh food category. A chain of more than 700 convenience retail stores (over 450 offering gasoline), Wawa stores are located in Pennsylvania, New Jersey, Delaware, Maryland, Virginia and Florida. The stores offer a large fresh foodservice selection, including Wawa brands such as built-to-order hoagies, freshly-brewed coffee, hot breakfast sandwiches, built-to-order specialty beverages and an assortment of soups, sides and snacks.

Additional information may be found at www.wawa.com.

About Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://new.citi.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi

Contacts

Citi
Janis Tarter, 415-658-4256
janis.tarter@citi.com
or
Wawa
Lori Bruce, 610-358-8039
lori.a.bruce@wawa.com

Release Summary

Wawa and Citi Retail Services announce new partnership to launch Wawa Credit Card, providing additional value and benefits to Wawa's customers.

Contacts

Citi
Janis Tarter, 415-658-4256
janis.tarter@citi.com
or
Wawa
Lori Bruce, 610-358-8039
lori.a.bruce@wawa.com