[ADS – Alliance Data] Form vs. Function
Posted By scuttleblurb On In [ADS] Alliance Data | Comments Disabled
In form, ADS is a bank. In function, it is a loyalty company that helps retailers drive customer engagement and top-line growth. The Citron short report from Aug. 2016 fails to recognize this distinction, essentially arguing that because ADS’ private label business literally makes money like a bank, it should trade like one. But it [...]