HIGH POINT — Most retailers surveyed at the recent High Point Market by consumer financing provider TD Bank expect business will increase or remain steady in the second half of the year, reflecting either a decline in confidence from where retailers stood the same time last year or a big increase, depending on how you parse the data.
Selling financing options can be tricky. Mike Rittler at TD Bank gives dealers a five-minute pep talk.
HIGH POINT — What does the near future look like for the relationship between the furniture retail business and consumer credit? How will current economic conditions affect the lease-to-own market, and other vehicles that facilitate furniture transactions?
Certainty in partnerships helps businesses navigate uncertain times. This is particularly true for home furnishing retailers who offer promotional sales financing. This sector of retailers require a strong understanding of their customers and their customers' credit needs, as well as clarity on how their financing partners will lend during times of both strong and diminished economic stability.
HIGH POINT — The majority of retailers surveyed at the recent High Point Market by consumer financing service provider TD Bank expect sales will increase or hold steady in the second half of the year.