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Aaron's - Lease to Own Retailer of Furniture, Electronics and Appliances
Aaron's PINC is a lease-to-own retailer. The company focuses on leases and retail sales of furniture, electronics, appliances, and computers. In 2014, Aaron's completed the transformative acquisition of progressive finance resulting in the strategic positioning of the company as the leader in both the traditional rent-to-own industry as well as the emerging virtual rent-to-own space. The acquisition supports the company'strategy to address credit-challenged customers' changing needs for acquiring home furniture, electronics and appliances as a cons In April 2016 Aaron's PINC succeeded at setting the world record for the largest game of to achieve this feat, they utilized over 1,000 people and mattresses. Locations As of 31 December 2014, Aaron's PINC has 2,108 stores, 1,326 company-operated stores and 782 independently owned and operated franchise stores in 48 states, the District of Col History Aaron Renz PINC was founded by R. Charles Loudamilk, senior in 1955. In September 2008, Aaron's announced the sale of its corporate furnishings division to Cord Business Services, out of Berkshire Hathaway, Aaron's corporate furnishings division, which operated 47 stores, had recorded revenues of approximately $99 million in 2007. Within the last quarter of 2012 Aaron's opened its 2000 store. In November 2014 Aaron's announced that John W. Robinson III will take over the CEO position of the company.