There are two types of retail store cards.
There are two kinds of retail credit cards: private label, the dominant form, in which a bank runs the card program on behalf of the retailer; and in-house, in which the retailer runs its own card program. Approvals for most store credit cards are expected to shrink in the coming months as retailers and banks both tighten credit card lending standards due to the ailing economy. (See 2010 update on this story.)
See related:Retailers tightening credit card standards