Rent-A-Center (NASDAQ: RCII) is an American public furniture and electronics rent to own company with 3,535 stores nationwide. The Plano, Texas-based company also owns ColorTyme and Rent-Way.
In 2006, Fortune Magazine listed Rent-A-Center at number 729 on the Fortune 1000 list of the largest U.S. corporations, based on a composite ranking of revenues, profits, assets market value and other measures.
Rent-A-Center was founded by W. Frank Barton an...
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Rent-A-Center (NASDAQ: RCII) is an American public furniture and electronics rent to own company with 3,535 stores nationwide. The Plano, Texas-based company also owns ColorTyme and Rent-Way.
In 2006, Fortune Magazine listed Rent-A-Center at number 729 on the Fortune 1000 list of the largest U.S. corporations, based on a composite ranking of revenues, profits, assets market value and other measures.
Rent-A-Center was founded by W. Frank Barton and Thomas Devlin in Wichita, Kansas, in 1973.
Thorn EMI purchased the company for US$594 million in 1987, creating Thorn Americas.
Thorn sold the company to Renters Choice in 1998 along with 1,409 North American stores. By December 31, 1998, the company had changed its name to Rent-A-Center, Inc. and moved to Plano, Texas.
Rent-A-Center completed its acquisition of competitor Rent Way, Inc. on November 15, 2006, for a price of approximately $600.3 million. Rent-Way was ranked number three in the rent-to-own industry with 782 stores in 34...
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