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Poll; Confidence in Financial Services at Historic Lows
"Perhaps one
of the most jarring findings in this survey is the sheer lack of
industry leadership in communicating what financial services
companies are doing to aid in a broad-based economic recovery."
- Torod Neptune, Senior VP Global Public Affairs Practice,
Waggener Edstrom Worldwide...more
Indicators; Recession to Linger Through 2009
The LEI suggests the recession will continue in the near term. A return to
strong growth will not likely occur until 2010...more
DAC to Introduce New
AV Displays at Brand Source Summit
DAC
Products, a manufacturer of displays and store-fixtures for the
rent-to-own industry with facilities in East Bend and Rural Hall, NC will be
introducing several new designs at the upcoming Brand Source Summit in Dallas
March 23rd and 24th...more
Rent-A-Center Launches New Brand in Canada
Rent-A-Center, America's largest rent-to-own operator, is
launching a new brand in Canada. The first Better Living store
opened March 4th in Dartmouth, Nova Scotia...more
Almo 2009 Expo's Kickoff in May
Almo
Corporation, a leading U.S. distributor of consumer
electronics and appliances to the retail and rent-to-own channel, today announced their 2009 Almo
Consumer Electronics & Appliance Expo schedule...more
Nationwide Reports $8 Million in PrimeTime! Rebates
Nationwide
Marketing Group (NMG), parent company of RentDirect, the
rent-to-own industry's largest buying group, announced that an
excess of $8 million dollars in rebate checks were handed out to
retailers at last week's PrimeTime! event in New Orleans...more
Listening to Customers; NRF Video Series
In an effort to gain more insight
into what consumers are feeling, why they make certain
decisions, and how the economy has changed them, the
National Retail Federation and
Shop.org are partnering with
ExpoTV on a series of quarterly videos...more
Obama Pledges to Unlock Commercial Credit
As part of an effort Treasury
Secretary Geithner first outlined in introducing the Financial
Stability Plan (FSP) in February, President Obama and Secretary
Geithner announced plans to take immediate action to help ensure
that credit gets flowing again to entrepreneurs and business
owners...more
RTO Act Supporter Landrieu Receives Economic Development Award
United States Senator Mary
Landrieu, D-La., Chair of the Senate Committee on Small Business
and Entrepreneurship and perennial sponsor of The Consumer
Rental Purchase Agreement Act, was today awarded the 2009
Federal Leadership in Economic Development Award from the International Economic
Development Council...more
Consumer Spending Attitudes Dip; Show Signs of Leveling Off
New information from the NPD Group shows consumer attitudes toward the economy
and intentions to shop at their lowest point since October...more
PCRental Agent Available on USB Thumb Drive
PCRental Agent, the RTO Industry's
leading developer of remote computer shutdown software,
announced today that the most recent version of PC Rental Agent
software is now available on USB thumb drive...more
 RimTyme Custom Wheels Opens First Louisiana Store
Houma entrepreneur Paul Angelette has opened the first RimTyme Custom
Wheels and Tires store in Louisiana, the company said today...more
DSI Announces 2009 Electronics Expo Schedule
Toshiba, Mitsubishi, Pioneer, LG, Sharp, Monster and DIRECTV will be conducting
breakout sessions for small groups of dealer on specific products...more
Letter to the Editor; Employee Free Choice Act Gives Workers a Voice
As a Union member, these statement s couldn't be farther from
the truth. First, if you go to the AFL-CIO website you'll see
well over 1 million in support of EFCA on an online petition...more
Nintendo Prepares
for April Launch of DSi
Game
consoles including Xbox, Playstation and Nintendo represent a
significant source of revenue for rent-to-own dealers in the US
and abroad. The third iteration of the Nintendo DS hardware,
Nintendo DSi, launches in the United States on April 5...more
High Point Market Authority Webcast
The High Point Market Authority and senior trade specialists from the U.S.
Commercial Service will present a webcast for Market exhibitors focused on
export opportunities...more
Franchise Association Says Employee Free Choice Act Bad for Business
The International Franchise
Association voiced strong opposition to the Employee Free Choice
Act, (EFCA), known as "card check," introduced this week in the
House and Senate...more
Ontario Payday Loan Limits Announced
"...But there's no question that some responsible lenders - including those
serving smaller communities - will have to significantly tighten their belts to
operate under the new cap." - Stan Keyes, President of the CPLA...more
Rent-A-Center Opens 45th Colorado Store
The new Colorado Springs store will be the 45th Rent-A-Center in Colorado.
"Growing along with the vibrant and diverse Colorado Springs community makes a
lot of sense for us," said Kelly Draper, regional director for Rent-A-Center...more
Big Brothers Big Sisters Benefits from Rent-A-Center Fund-Raiser
From March 13 through April 11, customers and area residents can visit
Rent-A-Center locations to donate one dollar and sign a colorful spring egg to
raise funds for Big Brothers Big Sisters...more
 RentDirect Wraps; New Videocast Interviews With RTO Pros
RentDirect Nationwide, the rent-to-own industry's largest buying group, wrapped
its PrimeTime! convention and buying show Tuesday. RTO Online continued its live
video coverage, broadcasting 10 additional interviews with rent-to-own
professionals....more
 PrimeTime! Buying Show Attendance Beats Expectations
RentDirect, NMG's
rent-to-own division, reported a 30% increase in membership in
the past 12 months as dealers continue to see the benefit of a
strong group focused solely on the business success of its
members...more
 Nationwide Kicks Off PrimeTime! at Generations Hall
A kickoff party and Cajun-style celebration was held Sunday evening at historic
Generations Hall in downtown New Orleans. Fourteen hundred RentDirect-Nationwide
and Nationwide Marketing Group members, vendors and guests attended the event...more
 Nationwide Rental Coalition Hosts Conference and Cruise
Members of the
Nationwide Rental Coalition (NRC),
a group supporting balanced federal regulation of the
rent-to-own industry, met Saturday in New Orleans in preparation for the
April legislative
conference in Washington, D.C...more
easyhome Reports First Earnings Drop in Eight Years
"Fiscal 2008
was our first year of earnings decline in eight years, and that
is as disappointing to us as it is to shareholders. However, I
am very optimistic that in 2009, we will return your Company to
a year of solid growth." - David Ingram, President and CEO, easyhome...more
RNC Releases Jim Cramer Response To The White House
The following op-ed written by Jim Cramer was released today by the Republican
National Committee...more
 IContain Develops Remote Anti-Theft Solution for Rent-to-Own Industry
IContain, leading developer of
asset protection solutions, today announced the debut of ICinside, a suite of RFID,
cellular-assisted GPS anti-theft technology products developed specifically for
the rent-to-own-industry...more
Pew Publishes Statistical Portrait of Foreign-Born Population
This statistical profile of the foreign-born population is based
on Pew Hispanic Center tabulations of the Census Bureau's 2007 American
Community Survey (ACS). The ACS is the largest household survey in the United
States, with a sample of about 3 million addresses...more
Barney Frank Vows to Continue Financial Reform Agenda
House Financial Services Committee Chairman Barney Frank (D-MA) today announced
the committee will continue its work on financial reform that started in 2007...more
Office Max Takes Best of the Best in Retail Advertising
When it comes to the "Best of the
Best" in retail advertising and marketing campaigns, OfficeMax
took top prize at the RACie Awards Gala for its "Penny Pranks"
which launched during the 2008 back-to-school season...more
RentDirect PrimeTime! Preview
Mow Down the Outdoor Rental Competition
For years, consumer lawn care equipment remained firmly entrenched as a
retail-only category. However, rental dealers have discovered that adding Poulan
lawn care products has helped them mow down the competition.
RentDirect PrimeTime! Preview
MTD; Serving a Growing RTO World
MTD Consumer Products is a world leader in designing and building durable,
easy-to-use outdoor power equipment for lawn and garden customers. They provide
product to the Rent-To-Own channel under two brands, Yard Machines and MTD Gold
Rent-to-Own Transaction Offers Alternative to Cautious Consumers
With over 20 years as a rent-to-own professional,
ColorTyme franchisee Tom
Bailey has seen first-hand the value that a rental-purchase agreement
offers consumers during difficult economic times...more
Premier Rental-Purchase Launches
SC Computer Repair Service
Premier Rental-Purchase in Newberry, SC announced they will expand their
furniture, appliance and computer rental business to include a computer repair
service...more
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