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Related articles
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Aaron's Versus Rent-a-Center; Q1 2009 Comparison |
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Rent-A-Center Same Store Sales Drop 2.5% |
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Rent-A-Center's DeMoss to Update NRC |
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2008 Weak Growth Year for RTO Industry |
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Rent-A-Center Opens 45th Colorado Store |
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Rent-A-Center Settles West Virginia Lawsuit |
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Rent-A-Center Reports Flat Q4 Same Store Sales |
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Rent-A-Center Opens 21st Wisconsin Retail Outlet |
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Rent-A-Center
Q4 Webcast Scheduled |
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Rent-A-Center Celebrates Caldwell Idaho Grand Opening |
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Rent-A-Center Names Xavier Dominicis VP Public Affairs |
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Former Trade Commission Chairwoman Named to Rent-A-Center Board |
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RAC Opens 32nd West Virginia Location |
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Rent-A-Center Celebrates
Flurry of Grand Openings |
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Rent-A-Center Responds to Brooklyn Protest |
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New York Group Plans Friday Rent-A-Center Protest |
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Rent-A-Center Launches New Ad Campaign |
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Dumler Replaces DeMoss as Rent-A-Center Rep on APRO Board |
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Rent-A-Center Q3 Same Store Sales Up 3.4%; Warns on Q4 |
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Rent-A-Center Opens 59th Arizona Location |
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Rent-A-Center Q3 Webcast Set For October 28 |
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Rent-A-Center Signs $34 Million Deal With Verizon |
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Rent-A-Center Revenue, Earnings Down on Fewer Stores |
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Dwight Dumler to Head Rent-A-Center Government Affairs |
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Rent-A-Center Webcast Set For
July 29 |
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Rent-A-Center Exec VP York Climbs Mountain for Store Manager |
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Laday Joins Rent-A-Center Board |
|
Rent-A-Center Coalition Prepares Supreme Court Challenge |
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Wall Street Journal Shanks Another One |
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Rent-A-Center Same Store Sales Increase 2.8% |
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Rent-A-Center Opens 23rd Nevada Location In Pahrump |
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Rent-A-Center Testing Bill Pay Kiosks In Two Markets |
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Rent-A-Center
Webcast Set For April 29 |
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Rent-A-Center Promotes Becky Crawford To VP Field Human Resources |
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Rent-A-Center Reports Q4 Loss; Settles California Wage Suit For $11 Million |
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Korst Named Rent-A-Center Executive VP Ops; DeMoss Senior Counsel, Eichelberger VP
Development |
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Rent-A-Center Webcast Conference Call Set For February 5 |
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Copses Resigns From Rent-A-Center Board |
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Rent-A-Center Closes 280 Stores In 40 States |
|
Rent-A-Center Same Store Sales Drop 1.8%; Settles Walker Class
Action for $3.6 Million |
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Rent-A-Center Rescues Vandalized Buffalo, New York Club; Buffalo
Mayor Brown Recognizes RAC For Community Involvement |
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Rent-A-Center Schedules Webcast Conference Call For October 30 |
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Rent-A-Center To Webcast
2nd Quarter 2007
Conference Call |
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Rent-A-Center Same Store Sales Increase 2.9%;
Agrees To Settle New Jersey Class Action For $109 Million |
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Rent-A-Center To Webcast 1st Quarter 2007 Conference Call |
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Jeffery Jackson Replaces Berg on Rent-A-Center Board of
Directors |
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Rent-A-Center Reports Net Loss For Q4 On Charges;
Same Store Sales Increase 1.0% Company Establishes $58 Million
Reserve for Hilda Perez Litigation |
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Update;
View All Five 30 Second Spots From Rent-A-Center's New Ad
Campaign; Coordinated effort by Launch Agency,
RAZOR, Company Jones |
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Rent A
Center Launches New Ad Campaign; Don't Get Mad, Get Rent A
Center; Includes Spanish Only Spots - See Video |
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Man Gets
30 Years For Rent-A-Center Shooting; Guilty on two counts
attempted murder |
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Rent-A-Center Completes Rent-Way Acquisition |
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Rent-A-Center Completes Refinance Documentation |
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Rent-A-Center
Same Store Sales Up 3.6% |
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Rent-A-Center To Refinance Debt; $1.32 Billion |
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Rent-A-Center
To Webcast Q3 Conference Call October 31 |
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Rent A Center Adds Former Radio Shack CEO Leonard Roberts To
Board |
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Rent-A-Center, Rent-Way Announce Expiration of Hart-Scott-Rodino
Waiting Period |
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Former
Rent-A-Center President Bud Gates To Speak At WSU
Entrepreneurship Forum |
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Rent-A-Center
Settles California Suit For $4.95 Million |
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Rent-A-Center Acquires Rent Way
For $567 Million |
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Detroit Pistons And Rent A Center Unveil New “RAC Room” For Boys
and Girls Club |
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Rent-A-Center Reports Same Store
Sales Up 1.1%; Raises 2006 Guidance |
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Rent-A-Center
Completes Refinance; New Structure To Facilitate Entry Into
Financial Services |
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Rent-A-Center Acquires Aaron's Puerto Rico
Locations |
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Rent-A-Center Q2 Conference Call Set For
July
25th |
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Rent-A-Center
To Refinance $725 Million In Senior Debt |
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Moody's Upgrades Rent-A-Center; "Outlook Positive" |
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Rent-A-Center Reports Same Store Sales
Up 1.8%; Cites Slight Uptick In Customer Traffic |
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Rent-A-Center Q1 Conference Call Set For
April 25th |
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Rent-A-Center's IT Director David Oles Named "Best In Class" By
ComputerWorld |
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Rent-A-Center
2005 Same Stores Sales Down 2.3%; Speese "Cautiously Optimistic"
About 2006 |
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Miami HEAT
Unveils New RAC Room; First Of Three Miami Area Boys And Girls
Clubs Remodeled By Rent-A-Center |
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Rent-A-Center Q4 Conference Call Set For
February 7 |
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Frank Barton Scholarship Goes To Wichita
Senior |
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Rent-A-Center Implements Manager Assessment Tool |
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Cavaliers and Rent-A-Center
Launch Recreation Room Remodeling Program;
Forward Drew Gooden to Unveil Cavaliers “RAC
Rooms” at Cleveland’s Boys & Girls Clubs |
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Rent-A-Center Stops Same Store Sales Slide;
Hurricane, Other Charges Hurt Earnings |
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Family Of Rent-A-Center Co-founder Frank Barton Make $8.5
Million Gift To WSU; Largest Donation In School History |
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Rent-A-Center Q3 Conference Call Set For
October 24 |
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Carolina
Panthers And Rent-A-Center Team Up For Boys and Girls Club
Remodeling Program |
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Rent-A-Center
To Outsource Procurement |
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RAC CIO To
Present At IT Conference |
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Rent-A-Center
To Close 162 Stores; Cites "Over penetration" |
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Rent A Center Redesigns Website |
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Rent-A-Center Completes Advertising 'Unbundling'; Awards
Creative To 'Launch Agency' |
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Rent A Center To Outfit 33 Boys and Girls Clubs With "RAC
Rooms"; Dodgers And RAC Launch First Room This Week In LA |
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Rent-A-Center
Lowers 2005 Expectations; Same Store Sales Still Red |
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Rent-A-Center
Q2 Conference Call Set For July 26 |
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Rent-A-Center CEO Mark Speese Named
Southwest Entrepreneur Of The Year 2005 |
|
Rent-A-Center Announces
Apollo Management Sale of 7.2 Million Rent-A-Center Shares |
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Rent A Center
Appoints Marketing Guru To Board |
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Rent-A-Center Reports Third Quarter Of
Declining Same Store Sales; Company
Cites "Difficult Retail Environment" |
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Rent-A-Center Schedules 1st Quarter Conference Call |
|
Rent A Center Class Action Dismissed In
Arkansas |
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Rent A Center Chief Information Officer To Speak At Mobile
Technology Conference |
|
Independent
Media Company Awarded Rent A Center Account |
|
Addison
Texas Company Awarded
Lead Agency Role for Rent-A-Center Marketing |
|
Rent-A-Center Restructures Advertising; Some
Functions To Be In-House |
|
Rent-A-Center Kicks Off Big
Brothers Big Sisters Fund-Raiser; Donations Accepted in Stores
February 28-March 26 |
|
Rent-A-Center Reports
Revenue Up But Same Store Sales Down For Second Straight Quarter |
|
Rent-A-Center
Announces Preliminary Court Approval of the California Class
Action |
|
Rent-A-Center Schedules Q4 Conference Call; Call to Be Broadcast
Live Via the Web |
|
Rent A Center Receives Technology Award
For Wi-Fi Deployment |
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Rent A Center To Get In On Dell Referrals |
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Rent-A-Center Reports -5.5% Same Store Sales;
Takes $47 Million Charge To Settle California Class
Action |
|
Rent A Center Q3 Conference Call
Scheduled |
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Rent A Center Expects -5% Same Store Sales;
Investigating Alternate Revenue Streams Including Payday Loans |
|
Rent
A Center Warns |
|
Former Rent a
Center Chief Security Officer Moves To Frontier Airlines |
|
Rent A Center
Q2 Conference Call to Be Broadcasted Live Via the
Web |
|
Rent-A-Center Announces Completion
Of Refinancing |
|
Former Thorn
Americas VP Bob Bloom Named President Of ColorTyme |
|
Rent-A-Center Announces
Plans to Refinance Debt |
|
Standard & Poor's
Raises Rent-A-Center Rating |
|
Rent A Center Completes Rainbow Acquisition; RAC Storecount
Exceeds 2,800 |
|
Rent Rite Acquisition Has Far Reaching Effects |
|
Rent-A-Center
Completes
Acquisition of Rent Rite |
|
Rent-A-Center
to Acquire Rent Rite For $58 Million |
|
Rent-A-Center Reports Record Diluted Earnings per Share;
Same Store Sales Down 1.3% |
|
Rent A Center Conference Call to Be Broadcasted Live Via the
Web |
|
Rainbow Rentals Shareholders to Vote on
Rent a Center Merger |
|
Analyst Upgrades Rent a Center As Company
Acquires First Canadian Locations |
|
Rent-A-Center
To Match Donations Up To $100,000 During Fund-Raiser for Big Brothers Big Sisters of America |
|
Rent
a Center Wins System Integration Achievement Award |
|
Rent A Center Reports
7% Revenue Increase In Q4; Same Store Sales Flat |
|
Rent A Center Completes
Wireless Network Upgrade |
|
Rent A Center to Acquire
Rainbow Rentals For $94.9 Million Plus |
|
Rent-A-Center Conference Call Scheduled |
|
Rent a Center Chief Information Officer Sees Security As Focus
In 2004 |
|
Class Action Status Granted In California
Case; Rent A Center Responds |
|
Rent a Center
to Supply Widescreens For
"Survivor #9" Auditions |
|
Jackson Hewitt
Details Strategic Alliance With
Rent-A-Center |
|
Rent-A-Center
Chooses Plateau
Systems to Manage Online Training For All Employees |
|
Rent A Center
Gets Roughed Up |
|
Rent a Center Acquisitions Drive Revenue Up
11.2%; Same Store Sales Up Modest 3.4% |
|
Rent-A-Center Q3 Conference Call to Be Broadcast Live Via the
Web |
|
Rent-A-Center Deploys Wireless Network Across
All Stores |
|
Rent a
Center Revamps Website |
|
Rent-A-Center Announces Dismissal of Securities Lawsuit |
|
Rent a
Center Stock Jumps On S&P Announcement |
|
Rent a Center "Customer Appreciation Days" Aug 29-30 |
|
Rent a Center Customers Donate $116 K to Big Brothers Big
Sisters; Total With Company Match $216,000 |
|
Rent-A-Center Repurchases Additional 440,000 Shares |
|
Rent
A Center Q2 Conference Call Summary |
|
Rent a Center
Continues to Set New Highs |
|
Rentacenter.com Misses the Mark |
|
Winstead
Assists Rent-A-Center in the $900 Million Refinancing of Its
Debt And Equity Structure |
Rent-a-Center Announces Preliminary Results of Tender Offer
Company to repurchase 2.5 million shares @ $73 |
|
Rent-A-Center to Redeem $84.4 Million in 11% Notes |
Rent a
Center Increases Purchase Price;
Extends the Stock Buyback Expiration Date |
|
Rent-A-Center Announces Refinancing of Its Senior Debt |
Class Action
Denied!
Judge denies certification in RAC wage case |
|
Zacks Issues
'Strong Buy' on Rent-A-Center |
|
Rent-A-Center Announces $50 Million Reduction in Senior Term
Debt Sought |
Flash
Rent a Center Reports Record Q1 |
|
Rent-A-Center
Commences Modified Dutch Auction |
|
Rent-A-Center $650 Million Refinance; Repurchase of up to 2.2
Million Shares at $60 - $66 per Share |
|
Rent-A-Center, Inc. Announces Intention to Offer $250 Million in
Senior Subordinated Notes |
|
"Under Promise, Over Perform" |
Mark Speese provides detailed glimpse of Rent a Center's
business model
Audio |
|
Rent-A-Center Sponsors Fundraising Campaign for Big Brothers Big
Sisters of America |
Score One
For the Good Guys
Judge denies "class-action" in California Rent a Center wage
case |
|
Rent-A-Center Introduces New National Broadcast Campaigns
for 2003 |
|
Zacks Issues Strong Buy Recommendation on Rent-A-Center |
|
Rent
a Center will close 177 of the 295 stores purchased from Rent
Way |
|
Rent-A-Center Reports Record Q4 and Year End 2002 Results |
|
SALE
FINAL! |
|
Accounting irregularities rumor unfounded |
|
No Word Yet On Deal Close |
|
Rent-A-Center Donates $25,000 to FloridaChild |
|
Rent A Center
Schedules Q4 Earnings Release and Conference Call |
|
Rent Way Non Compete Agreements |
|
Mark Speese Interview |
|
Rent Way Sells 295 Stores to Rent a Center |
|
Calendar Year Stock Performance Review |
|
Rent-A-Center Selects NetScreen to Securely
Connect Sites and Field Operations |
|
Rent A Center Pays off Doyle In Time For
Inauguration |
|
Rent-A-Center, Inc. Reports Third Quarter 2002
Results; Same Store Sales Increase 6.9% |
|
Rent A Center Doubles Stock Buyback
Authorization |
|
The three
publicly held North American rent-to-own companies, who combined
represent more than half of all rent-to-own stores, had a net
store gain of 19 locations in 2008.
On a percentage basis, the top six rent-to-own companies in
North America grew combined store-count by 0.87% in 2008. The
largest percentage growth came from two companies - easyhome (9.5%) and The Premier
Companies (45%). Aaron's had a larger net gain than any other
company. See table below.
The three publicly held North American rent-to-own companies,
Rent-A-Center (NASDAQ:RCII), Aaron's (NYSE:RNT), and easyhome (TSE:EH)
- who combined represent more than half of all rent-to-own stores
(4,823 as of December 31, 2008) - had a combined net store gain of 19
(0.39%) for the full year.
For your convenience, RTO Online has combined
2008 Annual reports from easyhome, Aaron's and Rent-A-Center
into a single searchable document.
In addition, the following bulk PDFs are available for
download:
All Rent-A-Center Annual Reports 2002-present in one searchable
document.
All Aaron Rents Annual Reports 1997-present in one searchable
document.
All easyhome Annual Reports 2000-present in one searchable
document.
The Premier Companies had the highest growth on a percentage
basis, adding 23 locations (45%) in 2008. easyhome had the second
highest growth, adding 20 locations (20%). Aaron's grew its net
store count by 43 (2.8%) for the year. Bestway finished 2008
flat at 74 locations.
Rent-A-Center reported a decrease in store count of 44 (1.4%) in
2008.
Correction: Company operated RimTyme stores are not included
in Rent-A-Center's annual report as part of the ColorTyme
system. We initially reported a 5 store loss for ColorTyme. With
the addition of the uncounted RimTyme locations, ColorTyme
gained 3 locations (1.3%) for the year. The table has been
updated.
| By storecount highest to
lowest |
January 1 2008 |
December 31 2008 |
% Growth 2008 |
# stores +/-
2008 |
|
Rent-A-Center |
3081 |
3037 |
-1.4% |
-44 |
|
Aaron's |
1514 |
1557 |
2.8% |
43 |
|
ColorTyme
(all divisions) |
227 |
230 |
1.3% |
3 |
|
easyhome |
209 |
229 |
9.5% |
20 |
|
Bestway Rent to
Own |
74 |
74 |
0% |
0 |
|
The
Premier Companies (all divisions) |
51 |
74 |
45% |
23 |
| |
|
|
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|
|
Six top RTO Companies Combined |
5156 |
5201 |
0.87% |
45 |
| source: SEC filings and interviews with
company execs. |
|
RTO Online is the official channel for Rent-to-Own Industry News and the
only independent source of news for the rent-to-own, rental-purchase,
lease-purchase trade. RTO Online (Rent to Own Online) represents the choice
of the entire RTO Industry for trusted information, as it happens. |
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