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Aaron Rents, Inc. was founded by R. Charles Loudermilk, Sr. in 1955. [5]In September 2008, Aaron's announced the sale of its Corporate Furnishings division to CORT Business Services, part of Berkshire Hathaway.
In 2014, Garden Ridge converted all stores to the At Home brand and floorplan. [7] The rebranding project changed the use of orange color for advertising to a soft grey and blue, and added a house symbol for the "o" in At Home. [8] The rebranding cost around $20 million. [8] At Home publicly filed an S-1 on September 4, 2015, to go public. [9]
Rent-A-Center is an American public furniture and electronics rent-to-own company based in Plano, Texas. [3] The company was incorporated in 1986 and as of 2014 operates approximately 2,972 company-owned stores in the United States, Puerto Rico and Mexico, accounting for approximately 35% of the rent-to-own market in the United States based on store count.
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A furniture retailer, furniture store or furniture shop is a retail businesses that sells furniture and related accessories. Furniture retailers usually sell general furniture (like beds , tables , bookcases and wardrobes ), seats and upholstered suites (like couches or sofas and chairs ), and specialised items produced for a commission. [ 1 ]
On December 21, 1998, Levitz announced it would close 27 stores and lay off 25% of its workforce. The company downsized its warehouse system from 65 to 17 sites. [4] The furniture market underwent a prolonged nationwide downturn after the September 11 attacks, and was hurt again in late 2007 by the 2007 subprime mortgage financial crisis. [5]