Aaron's Inc.

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 Loudermilk, senior in 1955. In September 2008, Aaron's announced the sale of its corporate furnishings division to Cord Business Services, part 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 will take over the CEO position of the company from Ronald W. Allen. In 2014, Aaron's announced plans to reshape its core business to focus on same-store revenue growth, enhancing Aaron's 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 rollout of an e-commerce platform in 2015. This demonstrates Aaron'strategic initiative to reach its customers in an ever-evolving marketplace. Controversy In February 2013, customers sued Aaron's for allegedly using spyware on rented computers to send over 185,000 emails to the rental company, including customer social security n Aaron's think officials had previously said that the company had not installed the spyware and individual franchisees were responsible. In October 2013, Aaron's 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 Aaron'sponsors Michael Walltrip and NASCAR'sprint Cup series on a part-time basis. Aaron's was also the namesake of the spring racer Taller Degas The Aaron's 499, along with the nationwide series Spring Race at the track, The Aaron's 312, from 2002 to 2014. National Hot Rod Association Racing Aaron'sponsors Doshu Makka Racing in the NHRA Full Throttle Drag Racing series. They sponsor Funny Car Driver Jack Beckman and Top Fuel Driver Antruin Brown. Aaron's will sponsor Clint Bowyer in the know. 15 Chevrolet SS 4H has caught motorsports, for at least one race in 2016.