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Synchrony Financial Renews Consumer Financing Program With Select Comfort

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Synchrony Financial (NYSE: SYF), a premier consumer financial services company with 80 years of retail heritage, has signed a multi-year agreement with Select Comfort Corporation (NYSE: SCSS), a sleep innovation leader whose mission is to improve lives by individualizing sleep experiences, to continue providing consumer financing programs through Select Comfort's 450 Sleep Number stores, online at SleepNumber.com, and via phone at (800) Sleep Number or (800) 753-3768.

“We are dedicated to our customers and delivering an unparalleled sleep experience for them,” said Andy Carlin, chief sales officer, Sleep Number. “The Sleep Number Card from Synchrony Financial is another way in which our customers benefit from a value-added experience.”

Introduced in 1999, the Sleep Number Card provides special financing options* and offers on the purchase of Sleep Number® beds, bedding and services, including the award-winning Sleep Number® x12 bed and the proprietary Sleep Number SleepIQ™ technology, which is now available on all Sleep Number® beds. SleepIQ technology is the world's first sleep innovation that provides consumers with knowledge about their sleep and the ability to improve their sleep quality using simple and intuitive sleep tracking. There's nothing to wear or turn on – all you have to do is sleep. Customers can apply for the Card in store, online or by phone.

“We are pleased to continue working with Select Comfort to offer financing solutions for customers to purchase the sleep products they need and want in-store, online or by phone, as well as the ability to manage their account anytime and anywhere," said Paul Boeckman, a vice president of sales for Synchrony Financial. “Our research** shows bedding shoppers spend 135 days on average researching and that the availability of financing is a key factor in their purchase decision.”

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