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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.
Rent a center uses a 2x minimum markup formula on all of its rental items unless it is a damaged or discontinued item for example if a tv costs 250.00 it would be marked up to 500.00.So it is safe to say that the minimum mark up on Rac items is 2x and in some cases possibly more.
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.
Rent-A-Center's (RCII) Preferred Lease segment bode well for future growth. Also, its e-commerce enhancement initiatives are encouraging. Rent-A-Center's Preferred Lease Unit Bodes Well, Stock Up 51%
Rent-A-Center's (RCII) second-quarter 2022 sales fall year over year due to the soft performance at the segments and lower same-store sales. Rent-A-Center's (RCII) Q2 Earnings Beat Mark, 2022 View Cut
United Rentals, Inc. is an American equipment rental company, with about 16 percent of the North American market share as of 2022. [4] It owns the largest rental fleet in the world with approximately 4,700 classes of equipment totaling about $19.3 billion in original equipment cost (OEC) as of 2022. [5]