ABC Money
Home

Beefeater ditches Tesco Clubcard, joins Nectar

Tesco Clubcard became poorer by one member when Beefeater, its partner in the card scheme decided to shift its businesses to Tesco's rival Nectar, which operates the Loyalty card scheme.

Published :
Sat, 09 Jul 2005 11:05
By : James Rowe
Print this Story


AddThis Social Bookmark Button

Tesco Clubcard became poorer by one member when Beefeater, its partner in the card scheme decided to shift its businesses to Tesco's rival Nectar, which operates the Loyalty card scheme.
Beefeater's presence takes Nectar's sponsors up to 17, as compared to rival Tesco that has 11 partners.

With Beefeater, Nectar now has three Whitbread brands under its umbrella; Brewers Fayre and Brewsters being the other two in the earn-and-redeem scheme. The signing up of Beefeater will be splashed across the 156 chains owned by the group and will also be branded on the quarterly Nectar mailings.

Loyalty Management UK, the company that operates Nectar has indicated that it is in talks with other Whitbread brands. But Brian Sinclair, Loyalty's client services director refused to reveal exactly which retailers he wanted to sign up. He did say that he was keen to add another two sponsors to the scheme this year and mentioned that mortgage providers, chemists, DIY chains and booksellers among the prime targets. Sinclair said that he wanted to take the number of sponsors to 25 by the end of this year.

It is interesting to note that the Whitbread-owned hotel chain, the Marriott, happens to be a key member of the Tesco card scheme. But Marriott has indicated that it was not considering shifting to Nectar.

Whitbread also has a strong presence in the Pizza Hut, coffee shop Costa, TGI Friday's and the Premier Travel Inn.

Meanwhile, Nectar, which has a 13m strong membership, has announced plans to launch its first credit card called the Nectar Credit Card. This card is expected to be launched sometime in September from American Express.


Share on



Comment on this Article
Comment:
Title:
Name:
Please Enter
 
Here
  

 Search News

 Look For
Business
Credit cards
Finance
Loans
Money
Mortgages

 
 Stock Quotes *
SYMBOL
LAST
CHANGE
DOW JONES
8742.46
-27.24 ( -0.31 %)
NASDAQ
1617.01
+17.95 ( 1.13 %)
FTSE 100
4505.37
-2.14 ( -0.05 %)

SYMBOL ( 2009-01-08 )
LAST
CHANGE
RECKITT BENCKISER ( 11:35am )
2760.00
+80.00 ( 2.99 %)
IMPERIAL TOBACCO ( 11:35am )
1868.00
+48.00 ( 2.64 %)
ROYAL DUTCH SHELL ( 11:35am )
1841.00
+36.00 ( 2.01 %)
BRITISH AMERICAN TOBACCO ( 11:35am )
1786.00
+32.00 ( 1.84 %)
ROYAL DUTCH SHELL-B ( 11:35am )
1768.00
+32.00 ( 1.86 %)

SYMBOL ( 2009-01-08 )
LAST
CHANGE
EXXON MOBIL CORP ( 4:01pm )
79.09
+0.84 ( 1.08 %)
MICROSOFT ( 4:00pm )
20.12
+0.61 ( 3.10 %)
3M COMPANY ( 4:01pm )
58.58
+0.51 ( 0.88 %)
VERIZON COMMUNICATIONS INC ( 4:00pm )
32.39
+0.49 ( 1.54 %)
ALCOA INC ( 4:00pm )
11.36
+0.47 ( 4.42 %)

SYMBOL ( 2009-01-08 )
LAST
CHANGE
SEARS HOLDINGS CORPORATION ( 4:00pm )
49.98
+9.43 ( 20.96 %)
AMER SCI ENGR ( 4:00pm )
79.65
+7.87 ( 10.77 %)
FIRST SOLAR INC ( 4:00pm )
155.36
+6.86 ( 4.68 %)
COMM BANCORP INC ( 9:30am )
39.48
+4.47 ( 11.32 %)
ISRAMCO INC ( 1:42pm )
31.25
+4.39 ( 14.49 %)

Gainers & Losers
Dow Jones
Euro Stoxx 50
FTSE 100
FTSE 250
FTSE AIM
FTSE ALL
Nasdaq

 Portfolio Manager

You must log in to access this area of the site. If you are not a registered user click here to sign up for instant access!


 Finance Explained

Money making ideas

Save money

Money management
Savings accounts
Investing money
Share dealing
Stock broker
Forex currency trading
Pension plans
Functions of Money

(c) 2007 ABCmoney.co.uk, All Rights Reserved
*ABCMoney.co.uk does not guarantee the accuracy of any share prices or stock quotations displayed. These are not real time quotes; all are delayed by at least twenty minutes and are for information purposes only.