Aaron’s Produces Positive Results In Second Quarter
Aaron’s reported a positive second quarter with a rise in overall revenues following its acquisition of SEI, the company’s largest franchisee.
leasing
Aaron’s Acquires SEI Franchisee
Aaron’s, Inc. has acquired substantially all of the assets of its largest franchisee, SEI/Aaron’s, Inc., in an all-cash transaction valued at approximately $140 million.
Dallas Market Center Names Wenner EVP/Leasing
Mary Wenner has joined Dallas Market Center as evp/leasing, responsible for leasing strategy across all divisions.
Rent-A-Center Names Speese CEO, Unveils New Growth Plan
Rent-A-Center has appointed Mark Speese to the CEO role and launched a new strategic plan developed to restore growth, improve profitability and maximize value by strengthening the core business in the United States while growing its AcceptanceNow business and leveraging technology investments.
Conn’s Partners With Aaron’s Subsidiary
Conn’s has formed a partnership with Progressive Leasing, a subsidiary of Aaron’s, Inc., to provide lease-to-own payment solutions to customers who do not qualify for Conn’s proprietary credit offering.
Davis Leaves Rent-A-Center, Speese Named Interim CEO
Robert Davis has resigned as Rent-A-Center CEO and director effective immediately. Chairman Mark Speese, the company’s founder and former chief executive, will serve as interim CEO of the company until a permanent successor is named.
IMC Realigns High Point, Las Vegas Management
International Market Centers has realigned responsibilities for its sales and marketing teams.
Aaron’s, Wendy Williams Show Partner On Home Makeover
Aaron’s partnered with “The Wendy Williams Show” on a promotion that surprised a Granville, WV, family, winners of the Big Blue Bow Home Makeover showcase, including new furniture, appliances and electronics.
Dallas Market Appoints Ricketts VP/Leasing, Home & Design
Dallas Market Center has appointed Derrick Ricketts as vp/leasing, home and design. He reports to Eva Walsh, evp/leasing.
Rent-A-Center POS System Troubles To Hit Third Quarter Results
After encountering problems with a new point of sales system, Rent-A-Center pre-released selected preliminary, unaudited financial results for the quarter ended September 30 that includes a substantial sales decrease.
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