Press release from CNW Group
The Brick Ltd. Selects New Partner to Administer its Private Label Credit Card Program ("Brick Card")
Friday, October 05, 2012
/NOT FOR DISTRIBUTION THROUGH U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S./
EDMONTON, Oct. 5, 2012 /CNW/ - The Brick Ltd. (TSX: BRK) (the "Brick Group" or the "Brick") today announced that it has selected TD Financing Services, a wholly owned subsidiary of The Toronto-Dominion Bank, to be the provider of services related to the Brick Card Platinum consumer finance program.
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.
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.
"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," commented Vi Konkle, President & CEO of the Brick.
The Brick and TD are committed to providing a customer-friendly experience during the Brick Card transition.
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
SOURCE: The Brick Ltd.
For further information:
President and CEO
The Brick Group
CFO and President, Financial Operations
The Brick Group