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  December 05
Archive

Thousands Paid To RTO Store Managers During Latest dPi Teleconnect Greed is Good Incentive Period
"When I, or fellow Store Managers do well, it’s a win for Kelly Rentals as a whole" - Ella Elam, Store Manager, Kelly Rentals...more

Premier Rental Purchase Opens in Knox, Indiana
“I’ve been in the business for 12 years,” says Ted Krygoske. “And one thing I’ve found is that I have the most fun when I’m opening up a store.” He describes that experience as an exciting part of what he did for a major RTO company until recently...more

RentDirect Nationwide Announces New Vendor Alliance; Florida State Games Joins RentDirect
"Florida State Games has provided us with the most competitive program" - James MacAlpine, Executive Director, RentDirect Nationwide...more

Benefit Marketing Solutions Acquires Foresight Club
"We are confident that our existing Foresight clients and members will be well served" - Bob Bintliff, Precis CFO...more

Plasma Display Coalition To Promote Plasma's Image Quality and Consumer Benefits
"The Coalition's goal is to promote the growth of plasma TV in the U.S., respond to consumer and retailer desires for more accurate information on plasma TV, and correct myths about plasma TV's affordability and features" - Jim Palumbo, President, Plasma Display Coalition...more

Third Consecutive Monthly Increase In Consumer Confidence Signals Optimism
"This is shaping up to be one of the more solid holiday shopping seasons of recent years" - Vincent Boberski, director of Fixed Income Research for RBC...more

Rent One Sponsors Holiday Food Drive
"The Neighbor-to-Neighbor program brings assistance to the homes of people in need in eight counties throughout Southern Illinois"...more

RTO Online Mailbag: Best Practices For Scheduling Deliveries
We decided to deliver in the mornings and do our past due calls in the evenings. I know we are supposed to do two call sessions, but in all reality in our store only one gets done...more

New Jersey Assembly Committee Overwhelmingly Approves Rental Purchase Act; Bill Moves Forward
The bill further defines rental-purchase agreements by providing that rental-purchase agreements are not governed by certain other statutes, including usury statutes...more

Aaron Rents Acquires 19 Rent-A-Center Stores For $4.4 Million
This transaction is part of our previously announced store consolidation plan" - Mark E. Speese, Chairman and CEO, Rent- A-Center...more

Outgoing Rent Way CFO William McDonnell to Join AMF Bowling as Chief Financial Officer
"This is a company that has come a long way in the past several years and has tremendous opportunities for continued growth" - William McDonnell, outgoing Rent Way SVP CFO...more

Rental Purchase Act Scheduled For Hearing In New Jersey Assembly; Act Introduced In Senate
A3851 was introduced by Wilfredo Caraballo and Guy R. Gegg in March of 2005  and boasts 17 Co-Sponsors. The companion bill S2831, was introduced in the New Jersey Senate December 1, 2005 by primary sponsors Bernard F. Kenny and Joseph M Kyrillos...more

Or Was It? New Survey Casts Doubt On Rosy Black Friday
What makes 2005 different is that 73% of Friday’s shoppers were finished by noon – the highest number in the last six years" - C. Britt Beemer, CEO and founder of ARG...more

Rent-Way Senior VP and CFO McDonnell Resigns; John Lombardi Named Interim CFO
"While losing Bill is disappointing, we understand his desire to accept new challenges and we wish him all the best in his new job" - William Short,  President, Rent-Way...more

RentDirect Nationwide Announces New Vendor Alliance With Bryce; RTO jewelry industry leader joins RentDirect
RentDirect Nationwide has added jewelry industry leader Bryce Co. to its vendor line-up. Bryce Co., a 20 year RTO industry veteran, specializes in live jewelry programs and turnkey packages for the rent to own industry...more

Rent America's Sybil Kearse Wins October dpi Teleconnect Greed Is Good Drawing
"dpi's Greed is Good promotion is great. It presents Managers and Associates with a reward for doing what we already do. I encourage everyone to get involved" - Sybil Kearse, Store Manager, Rent America #12007...more

Aaron’s And NFL Players Warrick Dunn and Dante Hall Present Deserving Women With Homes Filled With Aaron’s Merchandise
"Homes for the Holidays is an amazing organization with the very worthwhile goal of lifting up and recognizing single mothers for their contributions to their families" - Ken Butler, President, Aaron's Sales and Lease Ownership...more

Rent One Donates Van To Youth Center
One of the goals of the program is to provide the opportunity for over 50 children to visit nursing homes around the Mt. Vernon community...more

Off-Price Specialist Show To Combine With Las Vegas Furniture Market In 2006
The Off-Price Specialist Show – Home & Gift, which was launched in May 2004, has grown steadily over the past two years, attracting retail buyers seeking quality closeouts for immediate delivery...more

Retailers Report Blockbuster Black Friday Weekend; 145 Million Shoppers - Up From 133 Million in ‘04
The electronics category saw the largest year-over-year jump, with 36.7 percent of shoppers buying in that category, up from 31.2 percent a year ago...more

RentDirect Launches New Website To Serve Rental Dealers
"RentDirect provides the industry’s widest array of member services and its aggressive pricing, promotions, and financial initiatives are second to none" - James MacAlpine, RentDirect National Director...more

Rentcash Partners With H&R Block Canada To Offer Tax Preparation Services
"Rentcash Inc. is dedicated to growth not only in the number of locations available in Canada but also in terms of the variety of products and services we have to offer our customers" - Gordon J. Reykdal, Chairman and CEO of Rentcash Inc...more

How Can You Better Attract and Retain Employees?; Poll Reveals What Potential Employees Are Looking For
"During a time when retailers are cutting back on benefits to manage cost, they may be able to focus on items not related to salary, such as flexible hours and employee discounts, to maintain their appeal to employees."...more

Is your RTO Company Healthy?; Recent study Finds Most Organizations Are Unable To Turn Critical Decisions Into Action
Which Organizational Profile Fits Your RTO Company? 1. Resilient: Flexible enough to adapt quickly to external market shifts, yet steadfastly focused on and aligned behind a coherent business strategy...more

Maytag Picks Learmonth to Lead Appliances Business Unit
"Art Learmonth's skills will be invaluable as we manage through our restructuring initiatives" - Ralph F. Hake, Maytag chairman and CEO...more

Pre-paid Wireless Services in RTO Stores; BGC Telecom offers expanded product line
"Selling wireless handsets is a great way to attract new customers, improve customer loyalty and gain greater profits"...more

Keese And Winn To Address RentDirect Nationwide PrimeTime Convention
"As he heads up his first general meeting of RentDirect members, MacAlpine's focus will be "Emerging trends in the $5.9 billion-a-year RTO industry"...more

 

Tampa Bay Lightning Game 7 Hero Fedotenko To Sign Autographs At Buddy's Grand Opening
Tampa Bay Lightning left wing Ruslan Fedotenko will be on hand to sign autographs at the grand opening of Buddy’s Home Furnishings 64th location...more