Vaughan-Bassett Takes Showroom at World Market Center Las
Vegas
"We attended the inaugural Las Vegas Market in July 2005 and
we were very impressed with the large number of small and
medium sized dealers who attended." - Doug Bassett, VP
Sales, Vaughan-Bassett...more
ColorTyme
2006 Winter Operations Meeting Kicks Off In Dallas
343 ColorTyme franchisees, employees and suppliers began
arriving in Dallas, Texas today for the company's 17th
annual Winter Operations Meeting (WOM)...more
Rent-Way Webcast Scheduled
Rent-Way announced it will host a conference call in
connection with the release of financial results for its
first quarter ended December 31, 2005...more
Survey; High Definition Hyped, Consumers Remain Wary; HDTV
Perceptions Positive, But Many Consumers Can’t Justify
Replacing Their Current TVs
"Advertisers and marketers clearly have to take the
initiative to expand the base of consumers who understand
HDTV’s features and benefits, in order to convert them into
buyers" - Todd Board, Ipsos Technology & Communications...more
New Issue
Of RTO Magazine
Hot Electronics
Compare leading suppliers of the hottest
rental products for 2006...more
Stanley’s Rent To Own Gets Makeover; Changes Name To Get It
Today!
"I am absolutely sure [the name change] will achieve
everything we want it to by broadening our corporate image,
enhancing our curb appeal, and in turn expanding our client
base" - Craig Stanley, Owner, Stanley's Get It Today!...more
ColorTyme Names Tim Hogan VP Operations; 20 Year Vet Helped
Develop RTO Concept In Europe
After Comcoa was bought by Thorn America in 1997, Hogan
accepted an offer with Crazy George’s, owned by Thorn United
Kingdom, in Scotland to assist in the development of the
rent-to-own concept overseas...more
Kelly Rentals Sweeps Top Spots In DPI Promo
"The change is in response to the January to March sales
peak. During this time, new customer sales nearly double" -
David Dorwart President and CEO of dPi Teleconnect...more
Guinness Book of Records Attempt Asks Americans to Send
Messages to Troops Stationed Abroad on Valentine's Day
"Who would better deserve the largest Valentine's Day card
than our troops abroad" - Patti Patton-Bader, founder of
Soldiers' Angels and great grandniece of General George
Patton...more
Rent-A-Center Q4 Conference Call Set For
February 7
Rent-A-Center will broadcast its quarterly earnings
conference call on Tuesday, February 7, 2006 at 10:45 AM ET
over the Internet...more
2005 Sales Of Video Game Hardware Held Back By Consumer
Anticipation; Analysts Expect Improvement In 06'
The console market did not fare as well, due in large part
to hardware shortages, delays in the release of highly
anticipated software titles and consumer anticipation of
next-generation hardware...more
Rental Dealers Invited To Sandberg Mix-n-Mingle During Vegas
Market
Sandberg
Furniture, a leading supplier of furniture to the rent to
own industry, will host Mix-n-Mingle for Rent to Own dealers attending
the upcoming Las Vegas Furniture Market...more
Rentcash Ranked Number One in Alberta Venture's 2006 Fast 50
"2005 was a remarkable year
for Rentcash
and I'm proud of what our team has been able to accomplish" -
Gordon Reykdal, President and CEO, RentCash...more
Legislators Throw Wrench In Maytag Merger; Maytag Responds
"We are writing concerning the proposed acquisition of
Maytag by Whirlpool. We are very troubled by this proposed
arrangement which would greatly increase the market share of
the combined company in certain areas." Senator Tom Harkin
(D-Iowa)...more
Rent One Matches $19,000 In Employee Contributions To United
Way
Current pledges for the 2005 campaign total $362,110.00.
United Way of South Central Illinois...more
Premier Rimz Adds 51-Fifty Rims To Lineup
"The trend in 2006 will be with the black finish rims and
Premier Rimz carries 100’s of options to accommodate rental
customers" - CheriLyn Korth, Vice President of Sales, Premier Rimz...more
Marketing Pre-Paid Services To Hispanics
"When writing English text to be translated into Spanish, it
is important to note there are differences in the way some
Spanish cultures say certain words and phrases." - By
Anthony Jarrett, BGC Director of Business Development...more
Job Worries, Low Expectations Cause Drop In Consumer
Confidence
"The economy has a decent amount of momentum coming into the
New Year, but the weakness in expectations is consistent
with our outlook for slower growth for the second half of
the year" - Vincent Boberski, director of Fixed Income Research for RBC Dain
Rauscher...more
Bassett Offsets Traditional Channel Losses With Furniture
Direct
"Margins for the quarter and the year are up due to both
increased retail sales largely attributable to the BFD
acquisitions and an increased sales mix of imported
products." - Bassett...more
Record
Breaking 2006 International CES Reflects Strength of
Consumer Technology Industry
"The 2006 International CES set several major show records
including number of attendees at more than 150,000 and
exhibit space at 1.67 million net square feet"...more
Father-Son
Franchisees Celebrate Opening of Fourth ColorTyme Store
"Southwest Florida was home to our first store and we’re
excited to expand our business to customers in the area who
have made us such a success" - Mark Martin, ColorTyme...more
Wheel
And Tire Rental Pioneer Joins Premier
"We now have an organization in place to give franchisees
hands-on experience from the lowest to the highest level,”
says Scott" - Scott Savell, co-founder, Premier Wheel
Rentals...more
Survey; Why New Hires Fail
"The
typical interview process fixates on ensuring that new hires
are technically competent. But coachability, emotional
intelligence, motivation and temperament are much more
predictive of a new hires' success or failure" - Mark Murphy, CEO, Leadership IQ...more
"It's The Experience Stupid"; Consumer Electronics Not Just
About Cool Products Anymore
"Consumers are being forced to assemble the different
components of their digital lifestyle themselves, and
they're not equipped to do it" - Ted Schadler, Vice
President, Forrester Research...more
Prediction; Consumer Electronics Shipments Will Increase
Eight Percent In 2006
"The numbers say it all - the consumer electronics industry
is hot" - Gary Shapiro, CEA's president and CEO...more
Kathy Windsor Heads Drive To Donate 500 Beds For Needy Kids
Kathy Windsor, co-owner of National TV Sales & Rental,
learned there were 506 children in the Lebanon, Missouri
area that didn't have beds...more
ColorTyme
Racing Donates Money to Kids Across America
"We came up
with this idea to donate money every time the ColorTyme
Grand Prix finished in the top five and the folks at
ColorTyme headquarters wanted to be a part of it" -
Daryl Rose, ColorTyme Franchisee...more
Premier Rental Names Mike Lewis VP Operations
"Premier dealers are all very experienced RTO operators and
have achieved a level of success. My role is to be there for
them as they tackle the new challenge of opening a store" -
Mike Lewis, VP Operations, Premier Rental Purchase...more
2005 - Year In Review
2005 was a busy year for news affecting the rent
to own industry. Based on traffic, the most popular story for 2005;
Dallas Cowboy Cheerleaders Kick Off TRIB Show. Here are the most
popular stories, by month, for the full year...more
'Twas The Night Before Christmas...
'Twas the night before
Christmas, when all through the store, one account was past due,
just one BOR...more
Premier Rimz Offers Wheel And Tire Rental
Programs To RTO Industry
"We are excited to extend this new low investment, turn-key
Wheel & Tire opportunity to the RTO business" - CheriLyn
Korth, Vice President of Sales, Premier Rimz...more
North Carolina Orders Payday Lenders To Cease
Operations; Companies To Appeal
"Regrettably, the
Commissioner's ruling will eliminate one of the few short
term financial options North Carolina consumers have
available to them" - Kenneth E. Compton, President and CEO, Advance America...more
Maytag Stockholders Approve Whirlpool Merger; Antitrust Last
Hurdle
The proposed merger is currently being reviewed by the
Antitrust Division of the Department of Justice...more
Rent-N-Roll
Partners With Alberta LTD To Open Up Great White North
Strachan and Kreplin will be developing their own franchised
stores in Ontario and British Columbia while taking on the
role of official RENT-n-ROLL Franchisor for the rest of
Canada...more
Frank Barton Scholarship Goes To Wichita
Senior
The late Rent-A-Center Chairman Emeritus W. Frank Barton
established the scholarship as a memorial to his son who
died in 1988 at age 20...more
Rent-A-Center Implements Manager Assessment Tool
"Leadership development is extremely important to our
continuing success" - Becky Crawford, senior director of
Human Resources, Rent-A-Center...more
Help-Wanted Ads Decline Sharply In November
"This seasonal November decline typically reflects the
Thanksgiving holiday and a slowdown in recruitments after a
seasonal upturn in the late summer/early fall" - Ken
Goldstein, labor economist, The Conference Board...more
Indiana Man Wins Aaron’s 50th Anniversary Sweepstakes; Takes
Home ’55 Chevy
"We are honored to celebrate such a remarkable milestone in
our Company’s history" - Mark Rudnick, Vice President of
Marketing, Aaron Rents...more
CareerWomen.com Named Finalist in 2005 Stevie Awards
"Women helping women has always been top of mind at
CareerWomen.com. As a 100% women-owned business, we are
uniquely qualified to understand the issues women face" -
JillXan Donnelly, president, CareerWomen.com...more
Survey; Santa's Snoozing With Only Six More Shopping Days To
Go
The number of shoppers buying something for themselves is
the lowest since Christmas 2002, a year impacted by 911.
This year only 38.5% have bought something for themselves
compared to 48.0% last year and 44.7% in December 2003...more
Prentice Capital Buys Bankrupt Levitz For $70 Million; New
Owners Will Liquidate 35 Locations
"The decision to focus on our most profitable markets is a
strategic decision, designed to strengthen Levitz Home
Furnishings for the long term" - Jonathan Duskin, Managing
Partner of Prentice Capital Management LP...more
Rent
King Partners with Metropolitan Ministries In Holiday Food Drive
Rent King owners Chris Kale, Larry Pividal and Paul Schaller
offered a company match for every dollar contributed by an
employee...more
RTO Vet Mark Childers Back In The Game; Opening Three Stores
In Alaska
In June 2005, Mark Childers and partner Gary Hughes
capitalized on their success as franchisees and sold 27
ColorTyme locations across the Northwest U.S. to
Rent-A-Center. After a short break, Childers is now
re-entering the rent-to-own industry with his own franchise,
opening three new stores...more
Arizona Cardinal Kurt Warner
And Aaron Rents Present Home Filled With Aaron’s Merchandise
To Single Mother Of Two
We are proud to have donated enough furniture to completely
fill nine homes and help nine families embark on the next
chapter of their lives" - Ken Butler, President, Aaron's
Sales and Lease Ownership...more
Rent-Way Q4 Slightly Higher Same Store Sales; Projects Flat
Same Store Sales For 06'; 44 New Stores in Fiscal Year
"Although the quarter did not meet our expectations, we are
already seeing a return to more historical business
performance in the first quarter of fiscal 2006." - William
Short, President, Rent-Way...more