Market Overview

Western Union, Safeway Renew Five-Year Agreement

Related WU
Western Union Posts Flat Q2; Boosts FY14 Outlook
Earnings Scheduled For July 31, 2014

The Western Union Company (NYSE: WU) today announced a renewal agreement with Safeway Inc. (NYSE: SWY), one
of the largest food and drug retailers in North America.

Under the terms of the agreement, more than 1,640 Safeway store
locations across the United States and Canada will continue to offer
Western Union® global money transfer services. Safeway will
also introduce Western Union money order and consumer bill payment
services in the U.S. in 2013.

“Providing customers with Western Union services allows Safeway to
enhance customer loyalty and uncover new revenue opportunities,” said
Hikmet Ersek, President and CEO, Western Union. “Adding consumer bill
payment and

See full press release

Posted-In: News Guidance Contracts Management Global

 

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