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Hughes Group Takes Second ColorTyme Eagle Award in Five Years
ColorTyme presented its highest annual honor, the Eagle Award, to Gary Hughes,
the majority partner in several franchise ventures (informally, the Hughes
Group), at the conclusion of its 2010 National Convention in Frisco, Texas. This
was Hughes' second Eagle since 2005...more
January is Doorhanger Month at RTOforms.com
January is Door Hanger Month with special pricing on Inform's complete line of
stock door hangers...more
5 New Video Interviews
Harry Pappas
Jr. Signs Five Store Deal With ColorTyme
Harry Pappas, Jr. is ColorTyme's newest franchisee, signing
just one week ago. RTO Online interviewed Pappas at this week's
ColorTyme National Convention in Dallas...more
Update - photo galleries
Mark Shaw Takes Top ColorTyme Honors for Sixth Consecutive Year
Waipahu, Hawaii ColorTyme store manager Mark Shaw was presented the Double Diamond award, ColorTyme's highest award for store performance, at the
company's annual convention today in Dallas...more
ColorTyme Kicks off 2010 Convention in Dallas
ColorTyme, the nation's oldest rent-to-own franchisor, will
kick off its 2010 convention today in Dallas, Texas. ColorTyme
officials expect nearly 300 attendees including approximately 50
franchisees...more
Rent-A-Center Donates Computers to Texas Counseling Center
With help from the Rent-A-Center Random Act of Caring
initiative, the FamilyTime Crisis and Counseling Center will be
able to better serve local families and individuals in crisis...more
RentDirect PrimeTime Registrations Up 50%
Despite the ever changing retail marketplace, PrimeTime! by
Nationwide Marketing Group (NMG), the largest buying show for
independent rental dealers, is expecting a solid attendance at
their upcoming event on February 28 - March 3 at the MGM Grand
in Las Vegas...more
ColorTyme Opens in Austin
A widely known and trusted brand for 30 years, ColorTyme has recently opened its
doors in Austin, Texas...more
PC Shipments Back To Double-Digit Growth in Fourth Quarter
Led by a holiday season featuring price cuts of unprecedented duration, the U.S.
PC market established a new record of nearly 20.7 million units shipped in the
fourth quarter of 2009 (4Q09), resulting in year-on-year growth of 24%...more
Furniture Brands Expects Q4 Sales 25% Below 2008
Fourth quarter 2009 sales for home furnishings giant Furniture
Brands International are expected to be more than 25% below 2008
levels...more
Rent-A-Center to release Q4 Results Feb 1
Rent-A-Center, the nation's largest
rent-to-own operator, will broadcast its quarterly earnings conference call on
Tuesday, February 2, 2010 at 10:45 AM ET over the Internet...more
Aaron's to Celebrate BCS National Championship Winning Team
Aaron's plans to produce a special National
Championship paint scheme that will be featured on their NASCAR
Sprint Cup Series racecar driven by David Reutimann based on the
outcome of the BCS National Championship football game between
the University of Alabama and the University of Texas...more
Experts Predict Consumer Electronics Growth in 2010
The consumer electronics (CE) industry will generate more
than $165 billion in U.S. shipment revenues this year, a slight
increase from 2009, according to the semi-annual industry
forecast released today by the Consumer Electronics Association
(CEA)...more
Premier Rental-Purchase Opens in Memphis
Premier Rental-Purchase dealers Chuck Botts and Bart Stamper have teamed up with
former Aaron's regional manager Fred Reed to open the newest Premier store in
Memphis...more
Christine Saggese to Lead RimTyme, ColorTyme Public Relations
"Christine's
background in media relations and enthusiasm for public outreach
for will be beneficial to our company, franchise community and
customers alike." - Jim Deering, Director of Franchise Development, ColorTyme...more
2009 Rent-to-Own Industry Year in Review
RTO Online Inc., the rent-to-own industry's leading source of news
and information, today released its list of the Top Rent to Own
Industry Stories of 2009...more
Twin-Star International Gives Back
On Tuesday December 22nd,
Twin-Star employees
loaded up their cars with a ClassicFlame electric fireplace and
gifts for the Del Valle family, who they sponsored this year
through the Adopt-A-Family program in Palm Beach County...more
A Rent to Own Christmas Story
'Twas
the night before Christmas, when all through the store, one
account was past due, just one BOR...more
RTO Supplier New Age Electronics Enters Video Game Space
The
acquisition will give RTO supplier New Age Electronics hardware
and software distribution rights for Activision Blizzard,
Electronic Arts, Microsoft, Nintendo, Sony, and Take-Two...more

Rent to Own Professional Training Series Topic 16:
What's Your Leadership IQ
As a leader, you likely know how to lead your company or
department. But how are you doing in terms of your personal
leadership?
Take the Personal Leadership Quiz...more

Rent-A-Center Opens
172nd Florida Store
Rent-A-Center is spreading holiday cheer in the community by making
contributions to two nonprofit organizations. On December 16, Jones and
Rent-A-Center District Manager Kris Wolfe visited Love, Inc., which supports
those in need with food, clothing and financial assistance, and presented Winona
Edwards, executive director, with a $1,000 grant for their food pantry...more

Moody Brothers Open Tuscaloosa Premier Rental-Purchase
Brothers Chad and Jeffery Moody opened their second
Premier Rental-Purchase
store recently – this one in Tuscaloosa, Alabama. The Moodys
opened their first store in Columbus, Mississippi in mid 2008...more

Wichita Senior Wins Barton Scholarship
The Clay Barton Scholarship was established in 1991 for the son of the late
Rent-A-Center Chairman Emeritus W. Frank Barton...more
Diamond Retires, Jonathan Elster to Lead SED
SED International co-founder Jeanie Diamond has retired. Chief operating officer
Jonathan Elster will replace Diamond as CEO. Diamond will continue to serve as a
member of SED's Board of Directors...more

Bestway Rent to Own Revenue
Climbs 14%
Rental and fee income for Bestway, one of the nation's largest
rent-to-own operators, increased 14% in the quarter ending
October 31, 2009 compared to the
same period last year. Net income for the quarter rose to
$448,530 from $16,256 in 2008...more
NY Assemblyman Hoyt Praises Rent-A-Center
Representatives from Buffalo, New York Rent-A-Center stores delivered merchandise to Hispanics United of Buffalo as part of the company's
national Random Acts of Caring program. Officials from Hispanic
United and other community leaders, including New York State Assembly
member Sam Hoyt, attended an unveiling ceremony at the
organization's headquarters in Buffalo...more
Model Consumer Disclosure Forms Issued by Fed
A
model consumer financial information privacy disclosure form has
been released by eight federal regulatory agencies. The model privacy notice makes it easier for
consumers to understand how certain companies collect and
share information...more
Rent-A-Center Furnishes Homes Rebuilt After Katrina
"Thanks to
Rent-A-Center, five more houses will be fully furnished, just in
time for the families to celebrate the holidays together at a
place they can call home." - U.S. Senator Mary L. Landrieu...
more
RTO Pro Software Debuts New Website
RTO Pro Software, the rent to own industry's leading
Windows-based management system serving over 900 RTO locations,
announced the debut of the company's re-designed website...more
FDIC Study Reinforces Need for Non-Bank Financial Services
Hank Shyne, executive director of Financial Service Centers
of America (FiSCA), a check-cashing and payday-loan industry
trade association, believes the recent FDIC National Survey of
Unbanked and Underbanked Households reinforces the need for
non-bank neighborhood financial service centers...more
Beemer: Survey Confirms Lower Holiday Spending
Contrary to some forecasts of an improved holiday shopping
season in 2009, a new Christmas Retail Survey released today by
America's Research Group (ARG) and UBS reveals that sales are
weaker this year than in 2008...more
easyhome Opens in Muskogee OK
Bud Gates, Chairman and CEO of easygates, LLC announces the
opening of a new easyhome franchise store...more

RTO Training Series #15
Building Relationships
With Your Employees
Leaders, do your employees say
communication could be better? Would they like more input into
corporate decisions? Do they wish their contributions were more
appreciated? If so, consider focusing more attention on what Quint Studer, CEO of Studer
Group, calls "building an emotional bank account" with your employees...more
By Steve Minish
Start 2010 off right by Maximizing Resources
There is a large market for Rapid Refunds which has been untapped in the Rent to
Own community...more

Rent-to-Own Usage Included in FDIC Study
Underbanked households were defined as those that have a
checking or savings account but rely on alternative financial
services. Specifically, underbanked households have used nonbank
money orders, nonbank check-cashing services, payday loans,
rent-to-own agreements, or pawn shops at least once or twice a
year or refund anticipation loans at least once in the past five
years...more
Rent-A-Tire Acquires Two Georgia RNR Stores
Rent-A-Tire, the nation's largest independently owned custom wheel and tire
rent-to-own company, has acquired two RNR (formerly Rent-N-Roll)
locations from H2H Investments' Mike Gilner...more

Black Friday Shoppers Up, Average Spending Down
A National Retail Federation survey conducted over the weekend confirmed
Black-Friday sales expectations: more people spent less. The average spending
over the weekend dropped to $343.31 per person from $372.57 a year ago...more
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