WILMINGTON, Del., March 21, 2018 /PRNewswire/ -- TD Bank's
U.S. Partnerships business — a leading U.S. credit card issuer —
announced today that it has signed a multi-year agreement to
develop a branded private card label financing program for
Mattress1One. Mattress1One, a mattress retailer, serves customers
in 300 locations throughout Florida, Texas and Georgia.
"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. 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."
"We are thrilled to expand our relationship with Mattress1One
into a branded private label card partnership," said Mike Rittler, Head of Retail Card Services at TD
Bank. "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. 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 program for brick-and-mortar, e-commerce and catalog
merchants.
About Mattress1One
Mattress1One is amongst the most
trusted names in mattress retailers throughout the southeastern
U.S. With more than 300 mattress stores located throughout
Florida, Texas and Georgia, customers continually trust
Mattress1One with enhancing their quality of sleep with a new
mattress of their choosing. Mattress1One offers a wide selection of
top brands, as well as other benefits such as a price match
guarantee, 180 day in-home trial, financing options, and free fast
delivery.
About TD Bank Partnerships
TD Bank Group's credit card
business is a top 10 card issuer in North
America with over $24B in card
receivables. TD Bank's credit cards are distributed nationally,
leveraging our retail distribution network, direct response
channels and through hundreds of partnership programs with
financial institutions, retailers and other third party
organizations.
About TD Bank, America's Most Convenient
Bank®
TD Bank, America's Most Convenient Bank, is
one of the 10 largest banks in the U.S., providing more than 9
million customers with a full range of retail, small business and
commercial banking products and services at more than 1,200
convenient locations throughout the Northeast, Mid-Atlantic, Metro
D.C., the Carolinas and Florida.
In addition, TD Bank and its subsidiaries offer customized private
banking and wealth management services through TD
Wealth®, and vehicle financing and dealer commercial
services through TD Auto Finance. TD Bank is headquartered in
Cherry Hill, N.J. To learn more,
visit www.tdbank.com. Find TD Bank on Facebook at
www.facebook.com/TDBank and on Twitter at
www.twitter.com/TDBank_US.
TD Bank, America's Most Convenient Bank, is a member of TD Bank
Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services
company in North America. The
Toronto-Dominion Bank trades on the New
York and Toronto stock
exchanges under the ticker symbol "TD". To learn more, visit
www.td.com.
View original
content:http://www.prnewswire.com/news-releases/mattress1one-enhances-finance-offering-to-feature-store-branded-credit-card-300617465.html
SOURCE TD Bank