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Home > Company Index > Retail > Consumer Electronics Retailing > Rent-A-Center, Inc.

Rent-A-Center, Inc.
Nasdaq: RCII
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 NEWS FROM THE WIRES
Rent-A-Center plunges on reduced profit view
Jul 31 2001 11:16 AM PDT

Softbank sees no major costs from ADSL delay-paper
Jul 30 2001 05:24 PM PDT

Rent-A-Center says Q2 profits up, match estimates
Jul 30 2001 04:50 PM PDT

More WIRE STORIES about this company

 PROFILE
Rent-A-Center wants customers to rent, but its own strategy is to buy. Rent-A-Center (formerly Renters Choice) became the #1 operator of rent-to-own stores in the US through a long string of acquisitions. Nationwide, the company owns and operates more than 2,100 stores and franchises an additional 360 through subsidiary ColorTyme. The stores rent name-brand home electronics (accounting for 40% of sales), furniture and accessories, appliances, and computers; they also offer Internet access. Customers can take ownership of the products after a specified number of payments, but only about 25% of Rent-A-Center's customers actually buy its merchandise. Apollo, a Los Angeles investment group, owns about 29% of the company.

 COMPETITION
Aaron Rents, Inc. (RNT)
Best Buy Co., Inc. (BBY)
Rent-Way, Inc. (RWY)

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,601.60
1-Yr. Sales Growth: 13.0%
Employees: 12,554
Revenue per employee: $127,576.87

 KEY PEOPLE
• J. Ernest Talley
    CEO
• Robert D. Davis
    CFO

 CONTACT INFO
5700 Tennyson Pkwy., 3rd Fl.
Plano, TX 75024
US
Phone: 972-801-1100
Fax: 972-943-0113
Online: Web Site

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