Daily News
From Home Furnishing Business
Ethan Allen, TD Bank to Develop Store-Branded Retail Card
April 4,
2019 by Laurie Northington in Business Strategy, Industry
TD Bank's U.S. Partnerships business has announced that it has signed a multi-year agreement to develop a branded private label card financing program for Ethan Allen (NYSE: ETH).
The partnership will provide customers with flexible financing options to improve their experience across brick and mortar locations and online. In addition, TD Bank will collaborate with Ethan Allen to enrich the customer experience by creating a seamless purchasing framework through enhanced capabilities.
Beyond the financing aspects of the partnership, TD Bank will leverage its deep marketing expertise to identify opportunities and create programs that drive sales and engage customers with valuable offers.
"Our commitment to providing our customers with stylish, affordable home furnishings has remained core to our business for nearly a century," said Farooq Kathwari, CEO, Ethan Allen. "In TD Bank, we've found a partner with similar values, an innovative vision for the future of retail and a shared mission to ensure all customers have a seamless shopping experience complete with personalized financing options."
"We're thrilled to launch our partnership with Ethan Allen," said Mike Rittler, General Manager of Retail Card Services, Unsecured Lending and Business Development at TD Bank. "At TD, we work to provide unparalleled financing programs and business driving insights that propel our partners to the next level. With Ethan Allen, we're excited to bring this level of service to their customers and look forward to creating a unique, first-of-its kind partnership."