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Aaron's - Lease to Own Retailer of Furniture, Electronics and Appliances
The 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 Arons, Inc. succeeded at setting the world record for the largest game of to achieve this feat, they utilized over 1,000 people and mattresses. As of 31 December 2014, Arons, Inc. 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, Arons, Inc. was founded by Ar Charles Loudamilk, Sr. in 1955. In September 2008, Arons announced the sale of its corporate furnishings division to Cord Business Services, part of Berkshire Hathaway, Arons Corporate Furnishings Division, which operated 47 stores, had recorded revenues of approximately $99 million in 2007. Within the last quarter of 2012 Arons opened its 2000 store. In November 2014 Arons announced that John W. Robinson III will take over the CEO position of the company from Ronald W. Allen. In 2014, Arons announced plans to reshape its core business to focus on same-store revenue growth, enhancing Arons' online platform, driving cost efficiencies, moderating new store growth and strengthening the franchise network. The company has been aggressively developing its online strategy which includes the runout of an e-commerce platform in 2015. This demonstrates Arons' strategic initiative to reach its customers in an ever-evolving marketplace. Controversy. In February 2013, customers sued Arons for allegedly using spyware on rented computers to send over 185,000 emails to the rental company, including customers' social security n Arons think officials had previously said that the company had not installed the spyware and individual franchisees were responsible. In October 2013, Arons agreed to a settlement with the Federal Trade Commission that limited how it used monitoring technology and ordered it to delete customer information that had been improperly collected. Sponsorships. NASCAR Racing. Arons sponsors Michael Walltrip and NASCAR'sprint Cup Series on a part-time basis. Arons was also the namesake of the Spring Race at Talladega Super Speedway, the Arons 499, along with the nationwide series Spring Race at the track, the Arons 312, from 2002 to 2014. Arons sponsors Doshu Makka Racing in the NHRA Full Throttle Drag Racing Series. They sponsor Funny Car Driver Jack Beckman and top fuel driver Antron Brown. Arons will sponsor Clint Bowyer in the know. 15 Chevrolet SS4H has caught motorsports, for at least one race in 2016.