Fred Meyer Jewelers Offers Non-Prime, Genesis Credit Financing

  Fred Meyer Jewelers Offers Non-Prime, Genesis Credit Financing

Business Wire

PORTLAND, Ore. -- November 16, 2012

Fred Meyer Jewelers, Inc. a division of The Kroger Co. (NYSE: KR), selected
Genesis Financial Solutions, Inc. to offer the Gold Preferred Account to
customers with non-prime credit.

“Customer service is paramount when it comes to jewelry,” states Peter Engel,
President of Fred Meyer Jewelers. “Now at Fred Meyer Jewelers, that service
includes affordable financing options for customers with non-prime credit
scores. Our partnership with Genesis will allow us to help more customers turn
life’s occasions into celebrations with a timeless gift of fine jewelry.”

Fred Meyer Jewelers is the nation’s third-largest fine jewelry retailer, with
stores located in malls, Fred Meyer stores and select Kroger Marketplace
locations. The Gold Preferred Account is already being offered in all Fred
Meyer Jewelers stores, with product terms similar to their primary private
label credit card, including deferred interest pricing.

About Genesis Financial Solutions, Inc. (genesis-fs.com): Genesis Financial
Solutions, Inc. provides access to financing to consumers with non-prime
credit through partnerships with retailers, healthcare organizations and
educational institutions who want to serve more customers and increase sales.
With over 10 years of acquiring, originating, and servicing consumer credit,
Genesis Financial Solutions has earned a strong reputation among consumers and
partners by offering attractive terms, innovative technology, and exceptional
customer service.

About Fred Meyer Jewelers

Founded in 1973, Fred Meyer Jewelers is the nation’s third-largest fine
jewelry retailer operating nearly 400 jewelry stores in 32 states under the
Fred Meyer Jewelers and Littman Jewelers brand names. The stores carry a broad
assortment of bridal, anniversary and fashion fine jewelry and brand-name
watches. Fred Meyer Jewelers, Inc. is a wholly owned subsidiary of The Kroger
Co. (NYSE:KR), one of the nation's largest grocery retailers. For more
information on Fred Meyer Jewelers, visit FredMeyerJewelers.com,
Facebook.com/fredmeyerjeweler or follow them at Twitter.com/fmjeweler.

Contact:

Genesis Financial Solutions
Bruce Weinstein, 503-350-4336
President & Chief Executive Officer
Bruce.Weinstein@genesis-fs.com
or
Fred Meyer Jewelers, Inc.
Kirsten Darrow, 503-797-7613
kirstendarrow@fredmeyer.com
 
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