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Home > Company Index > Diversified Services > Consumer Services > Rent-Way, Inc.
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Rent-Way, Inc. |
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NEWS FROM THE WIRES |
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Rent-Way posts q3 loss on debt reduction Aug 22 2001 01:42 PM PDT
Rent-Way says loan agreement extended until Oct 5 Jul 31 2001 10:00 AM PDT
> More WIRE STORIES about this company
PROFILE |
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Its customers mostly rent, but Rent-Way itself does plenty of purchasing. Since becoming a public company in 1993, Rent-Way has grown from 19 stores into the nation's second-largest rent-to-own chain (behind Rent-A-Center) through acquisitions. It now has about 1,100 stores in 41 states. Operating under the Rent-Way and Home Choice banners, the stores offer home entertainment equipment such as TVs and stereos, furniture, jewelry, and major appliances on a week-to-week or month-to-month rental basis to consumers who can't or won't buy outright. At the end of the rental period, customers may opt to purchase the item. Rent-Way is scrambling to recover from an accounting scandal that saw its stock price plummet in 2000.
COMPETITION |
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Aaron Rents, Inc. (RNT)
Bestway, Inc. (BSTW)
Rent-A-Center, Inc. (RCII)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: September
2000 Sales (mil.): 680.00
1-Yr. Sales Growth: 37.5%
Employees: 5,617
Revenue per employee: $121,061.06
KEY PEOPLE |
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William E. Morgenstern
CEO
William A. McDonnell
CFO
CONTACT INFO |
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One RentWay Place
Erie, PA 16505
US
Phone: 814-455-5378
Fax: 814-461-5400
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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