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Raymour & Flanigan and Bread Financial Sign Long-Term Agreement to Launch New Financing Program
Globenewswireยท 2025-10-23 10:50
Core Insights - Raymour & Flanigan has entered a long-term agreement with Bread Financial to launch a private label credit program aimed at enhancing customer purchasing flexibility and convenience [1][2][3] Company Overview - Raymour & Flanigan is the largest furniture and mattress retailer in the Northeast and the seventh largest nationwide, with 104 showrooms, 36 outlet stores, and 5 clearance centers [6] - The company emphasizes exceptional customer service, advanced technology solutions, and quality products, alongside a commitment to sustainability by recycling over 99% of packaging materials, equating to 20 million pounds annually [6] Partnership Details - The new financing program will integrate seamlessly into Raymour & Flanigan's platforms, supporting their commitment to customer service and making home furnishings more accessible [2][3] - Bread Financial will utilize data-driven insights to enhance the customer experience across various channels [2][3] Strategic Goals - The partnership aims to provide immediate value and flexibility to shoppers, aligning with Raymour & Flanigan's vision of making it easier for customers to create their ideal homes [3] - Both companies are focused on delivering differentiated value to loyal customers through this new financing initiative [3]