Missouri
Rental Dealers Meet In Columbia; Proposed Statute Among Key
Discussions
Association members had what was described as a "lively
discussion" concerning a proposed Missouri statute relating
to stealing leased property...more
RentDirect
Nationwide Announces New Vendor Alliance; M&B Jewelry joins
RentDirect
"M & B looks forward to working with RentDirect members to
offer customers a full line of jewelry options" - Robby
Tyson, Vice President of sales and marketing for M & B
Jewelry...more
Economist Disputes Center for Responsible Lending 'Race
Matters' Report; Faulty Research Methods
"The Center for Responsible Lending's report on race and the
payday loan industry contains severe weaknesses and presents
conclusions that are overstated at best, and misleading at
worst" - Thomas E. Lehman, Ph.D., associate professor of
economics, Indiana Wesleyan University...more
convention
coverage
John
Claar Named Rent One Manager Of The Year
"In 2004 alone, John and his crew earned 7 Store of the
month awards, 3 store of the quarter awards, and were named
Store of the Year. Some people would have been satisfied
with 11 awards in a single year, but not John, he wanted
more" - Larry Carrico, Owner, Rent One...more
RTO Excellence; A Woman’s Prerogative
How Gloria
Homeier-Schwien left the agriculture industry for RTO and
found her cash cow
It was supposed to be a two-week job. A young Gloria Homeier
needed temporary part-time work and found it - working for
the federal government measuring grain bins and counting
cows of the local farmers...more
convention coverage
Change Makes Us Different; Audio Interview With Rent One's
Trent Agin
"Change...We embrace change. We constantly try new ideas and
technologies." - Trent Agin, Vice President Business Systems
for Rent One, in response to the question "What makes Rent
One Different?"...more
California Company Admits Making Payday Loans Without
License; State Moves Forward With Civil Lawsuit
The California Department of Corporations has settled
administrative actions against a resident of Los Angeles for
making more than 3,000 payday loans without a state license...more
convention coverage
Rent One
Empowerment Through Education Conference Begins
"It's still rent and collect. Technology and training help
us perform those basics at higher levels of efficiency." - Larry Carrico, Rent One...more
Rent-A-Center
2005 Same Stores Sales Down 2.3%; Speese "Cautiously
Optimistic" About 2006
"I am cautiously optimistic about 2006. Though the potential
impact of continued rising fuel and energy costs remains a
concern, we also believe we have reached a trough in the
impact on our operations from the evolution of low end
consumer electronics" - Mark E. Speese, Chairman and CEO...more
Despite Holiday Push, Handheld Market Sees
Year-Over-Year Decline
"New devices continue to come out from the market leaders,
aimed at different user types and offered at different price
points. With the addition of GPS solutions, multimedia
capability" - Ramon Llamas, research analyst, IDC...more
M&B Jewelry Launches Interactive Website
In addition to providing photos, product specs and costs for
M&B Jewelry’s extensive product line, the website includes a
number of useful dealer features...more
Rent
One Ready For Annual Managers Conference
The most anticipated event will be the award ceremony
Wednesday when the company will announce the Manager of the
Year, Store of the Year, Employee of the Year, and Vendor of
the Year. According to company officials the criteria for
Manager of the Year consists of 6 key factors...more
Rent-Way
Reports Net Loss For Quarter; Same Store Sales Down 2.4%
"As a result of those difficult conditions, we began the
fiscal year with fewer agreements on rent, which resulted in
our first quarter of negative same store revenues in more
than two years." - William Short, President, Rent-Way...more
The
History of Black History Month
Woodson chose the second week of February for Negro
History Week because it corresponded to the birthdays of
Frederick Douglass and Abraham Lincoln...more
Miami HEAT
Unveils New RAC Room; First Of Three Miami Area Boys And
Girls Clubs Remodeled By Rent-A-Center
The HEAT
RAC Room at the Kendall Boys & Girls Club will be used daily
by more than 200 children, before and after school, giving
them a fun and safe place to gather...more
Southwest Rental Dealers Prepare For TARA
Convention And Buying Show
TARA is the
largest and most active state rental purchase trade association
and this years convention is expected to draw rent to own
dealers from 5 states...more
ColorTyme's
Third Annual Charity Golf
Tournament Scheduled; Players and Sponsors Wanted; Proceeds To Benefit Juvenile Diabetes
Research
All proceeds from
the event, scheduled for May 19, 2006 at The Traces Golf Club in
Florence, South Carolina, will be donated to the Juvenile
Diabetes Research Foundation (JDRF). Participation is open to
any and all rent to own companies and vendors...more
Former RentWay COO Heads Premier Rents Cash Services
Division
"Throughout
my career with RentWay, I looked at synergies between RTO
and cash services and the similarities of customers needs. I
remained adamant there were advantages in combining both
business concepts."...Tom Wurm, President of Premier Cash Services...more
Convention
coverage
Premier Rentals Convention A Hit In Playa Del
Carmen
Sixty Two Premier Rental Franchisees and suppliers gathered at the Barcelo Resort in Playa Del Carmen, Mexico for the groups annual
convention. Playa Del Carmen is on the Mayan Riviera...more
WithIt Appoints Kathy Wall President
"This board will be challenged to enhance WithIt’s
reputation for providing support to professional women in
home furnishings careers by demonstrating tangible benefits
for members" - Kathy Wall, president, Women in Home
Industries Today...more
Aaron
Rents Names Braves GM John Schuerholz to Board of Directors
"His record as one of the most successful general managers
in baseball history is a testament to his business acumen
and managerial ability" - Charles Loudermilk, Sr., Chairman
and CEO, Aaron Rents...more
Arkansas Rental Dealers Convention
Set For April 25-26; Out Of the Box Thinking Shows
Appreciation For Vendors
The
biggest expense for most vendors is getting merchandise to
the tradeshow floor; plus selling at a discount afterward to
avoid additional shipping and handling expense...more
Survey; 30% Of Payday Loan Customers Over 45 Years Old
"We've seen increases of this sort for the past few
quarters, so it's fair to say that the older adults will
utilize these services - along with other financial services
- at an increasing rate as time goes on" - Kimberly Requin,
Personal Cash Advance...more
Broyhill Sales Decline, Raw Material Costs Blamed For
Furniture Brands International Earnings Drop
"Lower volume at Broyhill combined with raw material price
increases across all our Brands contributed to the year over
year earnings decline" - W. G. (Mickey) Holliman, Chairman
and Chief Executive Officer...more
ACE Cash Express
Revenue Up 12%; Profit Down
"We
continue to believe that there are increased consumer and
financial performance benefits related to offering our
customers a full suite of financial products in an expanding
network of stores" - Jay B. Shipowitz, President and Chief Executive Officer...more
Convention
coverage
Repeat! ;Mark Shaw Wins ColorTyme's Highest Award For Second
Year
photo gallery (66)
Mark Shaw is on a roll. For the second year in a row, Shaw,
store manager of the Waipahu, Hawaii ColorTyme, earned the
company's Double Diamond award...more
Convention
coverage
Rick Fairless Address ColorTyme Team At Welcome Reception
photo gallery (87)
Rick Fairless, founder of Strokers Dallas, a custom chopper
shop featured on the reality show Texas Hardtails. Fairless'
philosophy; "Always remember that people buy from people,
not companies. Ask yourself; What am I doing different than
the guy down the street?"...more
Convention
coverage
Meet
Tim Hogan; Audio Interview With ColorTyme VP Ops Tim Hogan
"I like to see people successful. I like to see teams
successful. I like to see organizations successful. I want
to be in a position to make that happen" - Tim Hogan, Vice
President Operations, ColorTyme...more