LOS ANGELES--(EON: Enhanced Online News)--Virtual Piggy, Inc. (OTCBB: VPIG) an innovator in safe youth payments, today announced that it will provide its youth-friendly payment system to The Journeys Group, a division of Genesco Inc. (NYSE: GCO) and leader in teen specialty retail.
“We are delighted to align with such a retailer who offers so many of our consumers’ favorite brands”
The Journeys Group is a leader in the teen specialty retail scene, with more than 820 Journeys stores across the United States and Canada, and more than 1,150 stores across Journeys, Journeys Kidz, Shi by Journeys and Underground by Journeys.
Virtual Piggy promotes financial management while empowering youth to make purchasing, saving and other money management decisions for themselves, within the boundaries setup by parents. The award-winning technology serves as a family wallet that is available online or via mobile, and is always 100% free to use.
“Virtual Piggy’s youth-centric payments solution offers a unique and effective way for us to engage consumers on Journeys.com who may not have their own form of payment,” said John Tighe VP of Direct for The Journeys Group. “We are excited to offer Virtual Piggy as a payment method on our site and to empower teens to make purchases on their own.”
“We are delighted to align with such a retailer who offers so many of our consumers’ favorite brands,” said Dr. Jo Webber, Founder and CEO of Virtual Piggy. “Journeys is an excellent addition to our growing clothing and footwear portfolio.”
For information about Virtual Piggy visit www.VirtualPiggy.com.
About Virtual Piggy, Inc.
Virtual Piggy, Inc. is the first e-commerce solution that enables kids to manage and spend money within parental controls. It enables parents to teach financial management through the use of a secure family wallet that is available online or via mobile and is 100% free to use. The technology company delivers online security platforms designed for the Under 18 age group in the global online market, and also enables online businesses the ability to function in a manner consistent with the Children’s Online Privacy Protection Act (“COPPA”) and similar international children’s privacy laws. The company is based in Hermosa Beach, CA and on the Web at: www.virtualpiggy.com
The Journeys Group, a division of Genesco Inc. (NYSE: GCO), is a leader in the teen specialty retail scene, with more than 820 Journeys stores across the United States and Canada, and more than 1,150 stores across Journeys, Journeys Kidz, Shi by Journeys and Underground by Journeys. Journeys uses fashion savvy and merchandising science to keep in step with the fast-paced footwear and accessories market for 12- to 22-year-old guys and girls. Journeys offers a wide variety of trendy, relevant brands that cater to teens that seek the hottest, new styles. The Journeys store is more than a retail environment; it's an extension of the teen lifestyle. From the plasma TVs playing exclusive content and the latest music videos, to its visual merchandising strategy and promotions, to the employees whose image and style reflect Journeys customers' lifestyles and attitude; the Journeys store is designed to stay relevant and engage its core customers' lifestyles. In addition, Journeys reaches its customers through www.journeys.com, a mobile website, catalog, national advertising, strategic cross-promotions, social media and a semi-annual national music tour, The Journeys Noise Tour. Journeys - An Attitude You Can Wear!
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All statements herein other than statements of historical facts are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Such statements are not guarantees of future performance and are subject to known and unknown risks and uncertainties that could cause our actual results to differ materially from those expressed or implied in such forward-looking statements. Such factors include, but are not limited to, our ability to raise additional capital, our limited operating history and revenue, our ability to attract and retain qualified personnel, our dependence on third party developers, our ability to develop new services, market acceptance of our services, legislative, regulatory and competitive developments, enforcement of our intellectual property, general economic conditions, as well as other factors set forth under the caption "Risk Factors" in our Forms 10-K filed with the SEC, and other filings with the SEC.