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TheStreet Open House

Western Union Recognized By Sears Holdings As True Partner In Transformation

Stocks in this article: WU

The Western Union Company (NYSE: WU), a leader in global payment services, has been recognized by Sears Holdings Corp. with a prestigious Partner in Transformation Award for 2014, the company announced today.

Western Union received the award for creating a customer destination at Kmart stores, driving significant foot traffic. Many of the customers sending Western Union Money Transfer ® transactions have also become valuable Kmart shoppers, creating a win-win for both brands. The award was recently presented at Sears Holdings’ 2014 Vendor Summit.

Sears Holdings presents its prestigious Partners in Transformation award to a select group of companies that excel in supporting the transformation of Sears Holdings through innovation around integrated retail and the Shop Your Way TM program. Of the more than 30,000 companies that work with Sears Holdings, fewer than one half of one percent (.5%) receive the award.

“These awards recognize our top-performing organizations that support our transformation in becoming a leader in integrated retail,” said Edward S. Lampert, Sears Holdings’ chairman and chief executive officer. “Through our continued collaboration, we will be able to more effectively leverage the breadth of our portfolio and the power of our brands to better meet the needs of our Shop Your Way members.”

“We are proud and honored to receive this prestigious award from Sears Holdings. This is another example of our commitment to our Agents and the strong relationships we’ve developed over the years to serve our customers giving them – choice, convenience, reliability and speed,” said Carter Hunt, senior vice president and general manager, U.S., Western Union.

The Partners in Transformation recipients were selected from nominations that were submitted by those Sears Holdings’ associates responsible for purchasing decisions.

To find the nearest Kmart Agent location with Western Union services, visit www.westernunion.com.

About Western Union

The Western Union Company (NYSE: WU) is a leader in global payment services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business Solutions branded payment services, Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders. As of March 31, 2014, the Western Union, Vigo and Orlandi Valuta branded services were offered through a combined network of over 500,000 agent locations in 200 countries and territories and over 100,000 ATMs. In 2013, The Western Union Company completed 242 million consumer-to-consumer transactions worldwide, moving $82 billion of principal between consumers, and 459 million business payments. For more information, visit www.westernunion.com.

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