Shaw Industries (Dalton, Ga.) announced that Wells Fargo Retail Services will become its exclusive consumer financing provider, encompassing all of its residential brands, including Anderson Tuftex.
All retail customers who have an account with Shaw will be eligible to enroll in the consumer financing program with Wells Fargo, which is designed to help generate profitable revenue for flooring retail partners while providing competitive and affordable rates, according to Shaw.
“In planning for the future and receiving input from our valued retail partners, we sought a financing provider who could create healthy competition within the flooring industry,” said Shaw Chief Financial Officer Ken Jackson in a statement. “Shaw and Wells Fargo are proud to offer flooring retailers a consumer financing program that pairs competitive pricing with unwavering support.”
Wells Fargo has been a strategic financial partner of Shaw for many years; this new partnership will go into effect Jan. 1.
