The Brick Selects TD Financing Services To Administer Private Label Credit Card Program In Canada

MAHWAH, N.J. — The Brick Group (TSX:BRK), one of Canada’s largest volume retailers of home furnishings, bedding, appliances, and home electronics under one roof, has selected TD Financing Services Inc., a wholly-owned subsidiary of The Toronto-Dominion Bank and an affiliate of Mahwah, N.J.-based TD Retail Card Services, to administer its private label credit program.

Under the agreement, the Ontario-based TD Financing Services will support all facets of the Brick Card Platinum consumer finance program for the chain, which has approximately 229 company-owned and franchised locations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Prince Edward Island, Nova Scotia, New Brunswick, the Northwest Territories and Yukon.

Accepted in all company-owned and franchised stores, the new Brick credit card will offer consumers a full menu of deferred interest and equal pay programs. 

“The Brick is proud to announce its new relationship with TD, which brings together two of Canada’s most recognizable brands for the benefit of the Brick consumer – in the form of industry-leading retail financing solutions,” said Vi Konkle, President & CEO of the Brick, which is headquartered in Edmonton, Alberta. The Brick was a pioneer in Canada for no-interest retail financing and continues to be an industry leader - providing flexible solutions and payment options for customers.

Konkle added: “We value our strategic vendor relationships and we look forward to a successful long term relationship with TD which will positively support operations and improve the customer experience.”

About the Brick Group

The Brick Group, together with its subsidiaries, is one of Canada’s largest volume retailers of household furniture, mattresses, appliances and home electronics, operating under four banners: The Brick, United Furniture Warehouse, The Brick Mattress Store, and Urban Brick.  In addition, through its corporate sales division, the Brick Group services the subdivision, condominium, hospitality and high-rise builder market.  The Brick Group’s retail and franchise operations are located in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Prince Edward Island, Nova Scotia, New Brunswick, the Northwest Territories and Yukon.

About TD Financing Services/TD Retail Card Services

TD Financing Services Inc. is an Ontario-based private label credit card provider. The company launches and administers new credit card portfolios for brick-and-mortar, internet and catalog merchants, and acquires retailers’ existing credit card portfolios. TD Financing Services Inc. is a wholly-owned subsidiary of The Toronto-Dominion Bank and an affiliate of Mahwah, New Jersey-based TD Retail Card Services, a division of TD Bank, N.A. which ranks among North America’s largest private label credit card companies. For more information, please visit www.TDRetailCardServices.com