From Home Furnishing Business
Mattress1One, TD Bank to Develop Store-Branded Retail Card
TD Bank’s US partnerships business has announced that it has signed a multi-year agreement to develop a branded private label card financing program for Mattress1One.
Retailer Mattress1One serves customers in 300 locations throughout Fla., Tex., and Ga.
"When it came to offering our own branded Mattress1One retail card, we knew that leveraging an expert in the marketplace would allow us to bring our customers the best in retail financing," said Maged Salem, president, Mattress1One.
"Our business has experienced strong growth over the past five years, since first offering a financing program with TD Bank. Today, we have 300 locations making us the fastest growing private mattress retailer in the U.S., so we understand the great value that a world class financial partner brings,” Salem said.
“These offerings have been instrumental to our growth strategy, and we're incredibly excited to take our business to the next level through a branded card program," she added.
Mike Rittler, head of retail card services at TD Bank said, "We are thrilled to expand our relationship with Mattress1One into a branded private label card partnership. By tailoring our offerings to fit individual retailers' customer preferences we are able to provide financing options that work for both the retailer and their customers.”
Ritter continued, “And because we have longstanding experience working with Mattress1One, we've been able to dive in and customize a program that we know will be an excellent fit for this business."
TD Bank's U.S. Partnerships business (www.tdpartnershipprograms.com) launches and administers new credit card programs for brick-and-mortar, e-commerce and catalog merchants.