Business
Sleep Number and Synchrony Renew Long-Term Partnership to Deliver Next Level Customer Experience
Building on a nearly 20-year relationship, the companies will leverage advanced insights and technology to drive consumer demand and growth MINNEAPOLIS and
About this update from Sleep Number Corporation
[{"type":"text","content":"Building on a nearly 20-year relationship, the companies will leverage advanced insights and technology to drive consumer demand and growth\nMINNEAPOLIS and STAMFORD, Conn., Sept. 1, 2022 /PRNewswire/ -- Synchrony (NYSE: SYF) and Sleep Number (Nasdaq: SNBR) announced that they have renewed their longtime financing partnership, which includes new joint investments from both industry leaders. Their commitment will continue to focus on exceptional customer experiences and make Sleep Number's award-winning sleep and wellness solutions attainable for more consumers.\n\n \n \n \n \n \n \n\n \nThe multi-year agreement deepens the two companies' nearly 20-year relationship and draws on their trajectory of innovation in their respective industries. To build upon their success, new areas of collaboration are planned to include:\nInvesting in advancements, including consumer payment choices;Deepening personalization; andIncreasing customers' access to credit.\"Together, our companies have developed a strong team and deep understanding of how payment experiences drive customer satisfaction and business growth at Sleep Number,\" said Curtis Howse, CEO of Home and Auto, Synchrony. \"We share a passion for innovation and digital reinvention and have built a terrific foundation for what comes next: creating an enhanced customer experience that utilizes more customer and credit insights, combined with the significant advancements we've made in payments. We look forward to continuing to do great things together.\"\n\"This partnership is an important contributor to our superior shopping experience, enabling us to deliver exceptional value for our Smart Sleeper community,\" said Melissa Barra, Executive Vice President and Chief Sales and Services Officer, Sleep Number. \"Leveraging our extensive consumer insights and digital capabilities, Sleep Number and Synchrony work closely together to continuously simplify the purchasing process and broaden credit accessibility. Because consumers are increasingly connecting the impact of quality sleep to their overall wellbeing, we must ensure our 360 smart beds are attainable for everyone. We're excited to extend our collaboration and deliver meaningful health and wellness benefits for more people.\"\nWith a purpose of improving the health and wellbeing of society through higher quality sleep, Sleep Number pi...