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John Natale Named easyhome Vice President Of U.S. Operations
"I have known
John since 1995 when he was responsible for my orientation into
the rent-to-own industry in the U.S. His proven successful track
record as a senior manager in the rent-to-own industry in the
U.S. represents an important step forward in strengthening our
Management team." - David Ingram, President and CEO, easyhome...more
Upholstery Manufacturer Berkline/BenchCraft Gets $40
Million New Financing
"We have made significant progress in the realignment of
our business over the past nine months." - William
Wittenberg, President and CEO, Berkline/Benchcraft...more
Artistic Resource Team Announces New Truck Delivery & Exchange Program For Rent to Own Industry
A-R-Team Sales Manager JR Phillips is a veteran of the
rent to own industry and an expert at helping companies
turn empty walls and dead corners into weekly revenue
streams...more
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Convention Coverage
Podcast Interview With Louisiana Rental Dealers
Association President Tom Neyhart
LRDA has built up a significant "war chest" and
association president Tom Neyhart intends
to use that fund to support politicians that understand the
important role the rent to own industry plays in Louisiana's
economy...more |
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Bruce Beck Opens Second ColorTyme As Part Of Expansion
Plan For The Northwest
"When I came across the town of Auburn, I knew I wanted
to invest here. The people of Auburn have a hometown
attitude that is business friendly, something that
appeals to me both as a business owner and as a family
man." - Bruce Beck, ColorTyme Franchisee...more
250,000 Maytag and 20,000 Samsung Front Loading Washing
Machines Recalled
The recall involves Maytag washers with model numbers
beginning with MAH9700 or MAH8700 and Samsung model
number WF306BHW...more
Analysts Fear Feds Inflation Controls Will Harm
Corporate Profits In 2007
The tensions created by trying to cover rising costs
with higher prices have put businesses and the Fed on a
collision course that suggests higher interest rates and
lower profits lie ahead...more
Payday Loan Provider Amscot Financial Named One of Tampa
Bay's 'Best Places to Work'
"As they say on Oscar night, it's an honor just to be
nominated. I know all Amscot associates take pride in
the fact that we work for a company recognized as one of
the best in our region." - Charity McDowell, Director of
Human Resources, Amscot Financial....more
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RTO Excellence Profile; Rick Vadnais Grows His Rent to
Own Business Despite New York Winters
"At the start, I wanted to have some merchandise that
would allow me to have the lowest price point so I
filled about 10% of my inventory with low-end furniture,
electronics and appliances. I quickly found out that
stocking merchandise of that kind only leads to service
issues. I’ve been doing this 20 years but I am still
learning." - Rick Vadnais, Owner, Premier RTO, Syracuse,
New York....more
Bayou Auto Sales Sees Success With Rent to Own System
Over the last six years Donnie Cochran has learned a
great deal about selling rent to own automobiles.
Cochran is opening a second location eighty miles away
in Houma, Louisiana and expects to add 100 active
automobile rental agreements in the next 12 months...more
California Check Cashing Acquires Fast Cash; Creates
Largest Payday Loan Provider in Northern California
"We are excited to continue to support California Check
Cashing Stores as it further executes on its growth
initiatives, both organic and through acquisition." -
Jesse Rogers, Managing Director, Golden Gate Capital...more
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D&H Signs With Chimei To Supply Value Priced High
Quality LCDs To Rent to Own Channel
"LCDs are still an in-demand category, and the trend is
very significant to the RTO market. D&H is always in
pursuit of new partners like Chimei that offer a great
total package." - John Alifano, Manager, D&H Home
Entertainment Division...more
Louisiana Rental Dealers To Meet This Week in Baton
Rouge; Interview With Association President Tom Neyhart
"The Louisiana government and RTO dealers have worked
together to create an environment where business can
operate and consumers are protected." - Tom Neyhart,
President, Louisiana Rental Dealers Association...more
Acer and HP Continue to Gain Notebook Market Share
Acer’s growth narrowed the distance between it and Dell
to less than half a million units. Acer’s substantial
growth increased its lead over #4 Toshiba, which shipped
2.3 million notebooks in the quarter...more
U.S. Advertising Spending Rose 4.6% in 2006, Nielsen
Monitor-Plus Reports
Advertising spending increased in most reported media,
led by Internet (35%), the top 100 Spot TV markets
(9.1%), Spanish-Language TV (8.1%) and Outdoor (8.1%)...more
Baseline Licensing Welcomes Raiders Defensive End Lance
Johnstone As Investment Partner
"I’m confident in the product, management team and
continued success of the Baseline Licensing Group.
Baseline Licensing has created a niche market with a
high barrier of entry for competitors with their
combination of licensing and furniture." - Lance
Johnstone, Defensive End, Oakland Raiders...more
Women's Association WithIt Opens Office at High Point
Market
WithIt members and their guests are encouraged to use
the office as needed throughout the market...more
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HD
DVD Establishes Promotional Group in Europe
"HD DVD is
the most recognized brand name worldwide for high definition
packaged media and we now have a strong group of companies
behind it, from hardware manufacturers to studios and
distributors." - Ken Graffeo, Executive VP, HD Strategic Marketing, Universal
Studios Home Entertainment...more
National Sanitation Foundation Sets New Clothes Washer
Sanitation Protocol
The protocol combines provisions from the Association of
Home Appliance Manufacturers (AHAM), the U.S.
Environmental Protection Agency (EPA), and the
Department of Energy under one protocol...more
Rent-A-Center Begins National Big Brothers Big Sisters
Fundraising Campaign
"We are pleased to help an organization that has such a
positive impact on children and their families in the
communities where we do business." - Mark Speese,
Chairman and CEO, Rent-A-Center...more
Advocate Nation; Environmental Responsibility Is High On
Consumers’ Priority List
Americans identify environment and wildlife protection
as the area large companies should contribute to the
most (45%), placing this slightly ahead of fighting
poverty in the United States (42%) and education and
schools for children and teens (33%)...more
Klaussner
Furniture Intros New Brand Sponsorship Of No.
55 Michael Waltrip at Atlanta Motor Speedway
Klaussner, which is gearing up for a new brand
initiative later this year, is giving consumers and
NASCAR fans a preview of its new look and new direction...more
Wal-Mart Withdraws FDIC Financial Services Application;
President Jane Thompson: We're putting an end to
the "manufactured controversy"
"Unlike dozens of prior ILC applications, Wal-Mart’s has
been surrounded by manufactured controversy since it was
submitted nearly two years ago." - Jane Thompson,
President, Wal-Mart Financial Services...more
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RTO Magazine Publishes List of the Best
Consumer Electronics for the Rental Industry; Toshiba Satellite
Notebook Computer, Flat Panel Televisions Top the 1st Annual
List
The list was
compiled by RTO Magazine editors with the help of four leading
rental-purchase industry suppliers: SED International, O’Rourke
Sales Company, D & H Distributing, and BDI Laguna...more
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Of All The Ways To Promote Your Business, The Giveaway
Remains The King
"It all comes down to that fact that everyone LOVES to
get something for FREE. It doesn’t matter what it is or where it came from
as long as it is something that is perceived as being
“useful.” - Chet Pensak, Inform Print & Promotions...more |
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Premier Rental Purchase Dealers Continue Rapid
Pennsylvania Expansion
In their twenty years of combined RTO experience, Rich
and Dave have come to conclude that their major
strengths are their total commitment to customer
service, their ability to attract outstanding and
experienced employees, an ability to keep their sense of
humor...more
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Mother's Day Factoids From RTO Online
The driving force behind the first Mother’s Day was Anna
Jarvis, who organized observances in Grafton, W.Va., and
Philadelphia on May 10, 1908. While the annual
celebration spread around the country, Jarvis began
lobbying politicians to set aside a day to honor mothers...
more
Microsoft Continues Game Console Push; Xbox LIVE extends
to Windows Vista to create single online gaming service
starting with “Halo 2”
The launch of Games for Windows — LIVE marks a major
expansion of the Xbox LIVE service across multiple
platforms...more
Only One-In-Five Canadians View Themselves As Very
Skilled With Technology; Vast Majority Of Canadians Feel
They Are Falling Behind
Rather than relying on the Internet itself, it is
surprising that Canadians lean towards non-digital
sources of family, friends and newspapers to get the
latest information on technology. This shows that
Canadians are still grounded for the most part in the
non-digital world, and they still have a lot of learning
to do." - Steve Mossop, President, Western Region, Ipsos...more
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Former Travelocity Exec Jeffery Jackson Replaces Berg on
Rent-A-Center Board of Directors
Jackson was appointed by the Board of Directors to
replace Laurence M. Berg, Senior Partner of Apollo
Management, L.P., who resigned from the Board of
Directors today...more |
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UK Rent to Own Company 'Buy As You View' Doubles Profit
In Two Years; Ranked In Top 50 Private Equity Companies
"This success would not have been possible without our
dedicated workforce; they have developed with us as the
company has grown. We recognize that a happy, stable
working environment breeds success." - Gillian Wilmot,
Chief Executive, Buy As You View...more
Furniture Brands International Warns; Furniture Sales
Will Be Down 15%
"Retail conditions remain challenging across the
industry and are softer than expected when we last
commented on the business." - Mickey Holliman, Chairman,
Furniture Brands International...more
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U.S. Advertising Expenditures Increased 4.1 Percent in
2006; Online Advertising Shows Biggest Gain
Internet display advertising registered a 17.3 percent
increase to $9.76 billion as marketers continued to
shift budgets towards targeted, digital media. Spot TV,
boosted by record-setting levels of political
advertising, was up 10.4 percent for 2006 to $17.23
billion...more
Payday Loan Companies Agree To Cease Lawful Debt
Collection In West Virginia
In the agreement, Advance America agreed to permanently
discontinue its practice of contacting consumers in
person at their homes in West Virginia, and its practice
of leaving “door hangers” for consumers when they are
not home when attempting to collect alleged debts in
West Virginia...more
More
than One Third of Online Adults Own a Game Console;
Nintendo.com Benefits from Wii's Popularity - Site Grows 91
Percent Year over Year
Nintendo.com increased 91 percent, from
856,000 in February
2006 to 1.6 million in February 2007. Traffic to Playstation.com dropped 8 percent in the
same period,
from 1.1 million to 1.0 million unique visitors...more
Consumer Electronics Industry Applauds Commerce
Department’s Converter Box Rules For 2009 Digital TV
Transition
The transition from analog to digital broadcasting in
the United States is scheduled for completion on
February 17, 2009. Regulatory certainty is important to
manufacturers and retailers that are assisting consumers
in preparing for the DTV transition, including providing
consumers the option of using digital-to-analog
converters...more
TruckSkin To Re-Brand Rent-A-Center Fleet; 1,100
Vehicles in 34 States
"There are approximately 600 delivery cube trucks and
500 vans in the process of being re-branded." - Joe
Lapekas, owner, TruckSkin...more
48 Percent of Brand Marketers Plan to Use Social Tactics
in the Near Term
"As brand marketers increase their use of social
tactics, they are competing not only among themselves
but also with frequent networkers." - David Schatsky,
President, JupiterKagan...more
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Furniture Industry Experts Lead Trends Presentation
This season's affair is open to all market attendees,
sponsored by Outer Limits at 6:00 p.m in their showroom
311 in the 220 Elm building...more
Second Bidder Offers To Acquire Canada's InstaRent; The
Brick Declines To Match First Offer
According to Rentcash, The Brick will not be exercising
it's first right of refusal, leaving Rentcash free to
take additional bids...more
Rent-A-Center Supports Children's Advocacy Center
Over 900 people are expected to attend Collin County
Children's Advocacy Center's annual black tie fund
raiser...more
Government Interference in Companies' Salary Policy Sets
Dangerous Precedent
"Representative [Barney] Frank's proposal has a high
demagoguery quotient, but does little for public policy.
What will we hear from Financial Services Committee
next, that the government is setting salaries for
professional athletes?" - Dick Armey, Former
Congressman, Chairman of FreedomWorks...more
Baseline Licensing Reports Successful Mega Group Buying
Show
"We opened many new accounts and actually wrote orders
faster than we could put them on paper." - Brown
Council, RTO Sales, Baseline Licensing Group...more
Demos Key To Audio Sales;
Stereos must Be Heard To Sell
"The data
clearly shows that retailers who offer demonstrations have a
greater chance of capturing the sale. Home audio products sell
best when they are heard, just as TVs sell best when they
display compelling content." - Steve Koenig, Senior Manager, Industry Analysis...more
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High Point Furniture Market To Offer Reps, Exhibitors
Free Transportation Before Market
"The weekend before the opening day of Market is a busy
one for exhibitors and sales reps." - Brian D. Casey,
President and CEO, High Point Market Authority...more
Consumers Want Premium Services with Their Electronics
Purchases; Study Finds Services Complete the ‘Total
Entertainment Experience’
"Consumers clearly understand that getting the most out
of their electronics purchase goes beyond delivery and
installation. This presents retailers with a real
opportunity to package services at the initial
point-of-sale to differentiate themselves and generate
more business." - Joe Bates, Director of Research, CEA...more
National Federation of Independent Business Issue Ad
Wins Pollie Award
"One of our main goals for the 2006 election cycle was
to better communicate with the voting public about key
small-business issues through increased online
exposure." - Lisa Goeas, Vice President Political
Operations, NFIB...more
Consumer Confidence Weakens After Stock Market Tumble
Consumer confidence still remains relatively high by
historical standards, but is being weighed down by the
combination of the housing slowdown, the shock to the
stock market in late February, a slight "untightening"
of the labor market and rising gasoline prices." - T.J.
Marta, Economic and Fixed Income Strategist, RBC Capital
Markets...more
convention
coverage - streaming audio - 303 photos
easyhome Wraps 2007 Conference; Sheri Reid Named Store
Manager of the Year; Podcast Interview With Keynote
Speaker Jack Black
Sheri Reid was named easyhome's Store Manager Of the
Year for 2006. Reid was rewarded for her efforts when
CEO David Ingram presented her with a new cherry red
Hummer...more
Rent to Own Property Tax Amendment
Reported Favorably Out Of Committee
Rent to Own companies in Texas currently pay property
tax on idle inventory as well as on leased merchandise
in customer's homes...more
Delaware Journal of Corporate Law Publishes Challenge to
Sarbanes-Oxley; Study Finds No Evidence That Independent
Directors Enhance Shareholder Returns
"Our research indicates there is no empirical data to
support the notion that super majority independent
boards increase financial performance for shareholders."
- Eric Fogel, Partner, Schuyler Roche & Zwirner...more
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Arkansas Law Gives Small Business Owners A Voice In The
State Regulatory Process
Senate Bill 55 requires state agencies to analyze the
economic impact of a proposed rule on small businesses
and to consider less burdensome alternatives that will
accomplish the regulatory goal...more
Sony Unveils 3D Online Community To Pump Up Playstation
3
"I feel strongly that this unique blend of community,
user-generated content, collaboration and commerce will
expand the future of computer entertainment." - Izumi
Kawanishi, Corporate Executive and CTO Software, Sony
Computer Entertainment...more
Democrat Hillary Clinton Takes Early Lead in
Online Race to the White House; Double The Traffic of Three Top
Republicans Combined
Republicans, who have historically struggled with
building a web audience, are falling behind early in the
race...more
convention
coverage - streaming audio
Podcast Interviews With easyhome CEO David Ingram,
Master Franchisee Bud Gates, VP Dave Maries, Divisional
VP Simon Holmes, Regional Manager Errol Penny
"We’re not
going (to the United States) to just join the industry. We’re
going there to compete fairly and to try to win." - David Ingram,
President/CEO, Canadian-based easyhome on his company’s
just-announced U.S. expansion program...more
By the Numbers;
How Well Do You Know The Hispanic Market?
26.8 million -
Number of U.S. residents of Mexican origin in 2005. These
residents
constituted 9 percent of the nation's total population...more
Online Registration Now Open for RentDirect-Nationwide’s
Rent to Own industry Member2Member Summit
"Last year’s inaugural M2M summit was a great success.
Attendees selected our new RentDirect Advisory Committee
and we left Dallas with a laundry list of action items
generated through focus groups and other member
feedback." - James MacAlpine, Executive Director,
RentDirect-Nationwide...more
Toshiba Expands Recycling Program to Include Free
Computer Take-Back
"Toshiba strongly believes in corporate social
responsibility." - Mark Simons, vice president and
general manager, Digital Products Division, Toshiba
America Information Systems...more
Former Rent A Center CEO Bud Gates
To Franchise easyhome Rent to Own Concept In United
States
"The agreement grants Bud Gates exclusive rights to
franchise the easyhome concept anywhere in the United
States, outside the border states." - David Ingram, CEO,
easyhome...more
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Canada's Largest Rent to Own Company Prepares For Annual
Convention; 2007 easyhome National Conference Begins Wednesday In Niagara
Falls
easyhome managers and executives
will gather at the Fallsview Casino in Niagara Falls, Ontario
this week for the company's 2007 National Conference...more
RTO Online Serves Over 300,000 Unique Visitor Sessions
For Second Consecutive Month
"RTO Online Inc. continues as the dominant source of independent news and information for the
rental purchase/leasing, rent to own and sub-prime financial services sectors."
- Roy Griffaw, founder and president of RTO Online Inc...more
Jeffrey Cook Named President of Broyhill Furniture
"I am delighted to be joining Broyhill at this critical
time in its history." - Jeffrey L. Cook, President,
Broyhill Furniture Industries...more
Job Vacancies Up 22% in February; Job demand is
strongest in Management and Business/Financial Sectors
There were 2.5 advertised vacancies online for every 100
persons in the labor force in February. The monthly
increase in advertised job vacancies was reflected in
every state in the nation and was widespread across most
major metropolitan areas...more
Bassett Sales Down 17%; Company To
Close Largest Plant In Hometown Of Bassett, Virginia
"Closing this plant has been the most difficult decision
we have ever had to make. We regret the effect that this
will have on the many fine employees who work at our
largest hometown plant." - Robert H. Spilman Jr.,
President and CEO, Bassett Furniture Industries...more
VIDEO
South Florida Art Company Launches
Rent to Own Specific Web Site
"In my 16 years of successful selling to the RTO
industry, I have never seen an item rent as quickly and often as
the new Scarface line, introduced in the fall of 2006." - JR Phillips, Sales Manager, Artistic Resource Team, Inc...more
DLP Continues Market Lead into 2007; Slim Form Factor
Models Drove Increased Share in 2006
In 2006, DLP sold more HDTVs at a screen size of 50 inch
and greater than any other competing technology in the
U.S. including plasma with 28.9% market share in units...more
McBreen Takes Over As Furniture Brands International VP
Supply Chain and Logistics Following McClelland
Resignation
"Our business model poses many supply chain and logistic
challenges." - Mickey Holliman, Chairman of the Board
and CEO, Furniture Brands International...more
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Benefit Marketing Solutions Completes Merger With
Alliance HealthCard
Alliance HealthCard (AHC) has completed its merger with
Benefit Marketing Solutions LLC, (BMS) making it one of
the largest marketers of discount medical services in
the country...more
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Democrats Vote to Suspend Basic Guarantees of Democracy
in Union Elections
"Today's discussion on the House floor threw into sharp
relief the basic differences between House Republicans
and House Democrats. Our side stands
shoulder-to-shoulder with working men and women of this
country who believe in the sanctity and importance of
secret ballot elections. Democrats apparently stand with
a different group." - Roy Blunt (R-MO), House Republican
Whip...more
Rooms To Go Reenergizes Push Into Hispanic Market;
Announces Partnership with Celebrity Journalist Myrka
Dellanos
"Rooms To Go is certainly a household name in its
markets, and securing deeper ties to the Hispanic
population is an important company commitment." -
Jeffrey Seaman, CEO and founder, Rooms To Go...more
XM Sirius Merger Good For Industry, Consumers
While satellite radio growth has been very strong and
automotive consumers are brand aware, most are not
subscribing. Often for fear of making the ‘wrong’
satellite choice, it is too expensive or they are happy
with their current FM radio. With improved content
choices, realigned advertising levels, and targeted
pricing, radio and digital audio in the car is a deep,
rich opportunity stream...more
Southeast Auto Rental Dealers Association Reports 60%
Increase in Rent to Own Automobiles
"The loyal customer base that had rented
appliances, furniture, and electronics from me was just as eager
to rent clean late model used cars." - Fred Pearson,
Payless Furniture and Appliance...more
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Texas Rental Dealers Plan Special Events For Upcoming
Convention; Online Registration Available
"Our goal at TARA is to gather together as many rental
dealers from Texas and it's surrounding states for a
great buying show, as well as provide them with training
for their employees and information on current state and
national RTO happenings." - Vicky Hale, TARA Executive
Director...more
Civil Rights Group Says Banning Payday Loans Harms
Country
"CORE believes that the out-right prohibition of
short-term loans could have a negative effect on our
country similar to that of prohibition in the 1920’s,
which was a miserable failure." - Niger Innis, National
Spokesperson for the Congress of Racial Equality...more
Consumer Confidence Hits Five Year High
All in all, it appears that the pace of economic growth
exhibited in the final months of 2006 has carried over
into early 2007 and may have even gained a little
momentum...more
Whirlpool To Receive Department of Energy's Sustained
Excellence Award
"Whirlpool's long term commitment to energy efficiency
is good for business, the environment, for consumers -
and for the country as a whole." - Alexander Karsner,
Assistant Secretary for Energy Efficiency and Renewable
Energy, Department of Energy...more
Test Case Proves Power Of PC Rental Agent
"We continue to add new dealers. Once a store
successfully locks down that first computer with PC
Rental Agent, they’re hooked." - Tim Kelly, President of
PC Rental Agent...more
Berkline Benchcraft Appoints Steven Smith CFO
Prior to joining Berkline Benchcraft, Mr. Smith was a
financial executive for MTD Products, Inc., a privately
held consumer products company based in Ohio...more
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Survey Shows Employee Vacation Policies Affect Retention
The number of vacation days offered varies by industry.
Not-for-profit, health care and government exempt
employees are offered the highest number of days in
their first year...more
Las
Vegas Furniture Market Officials, "We are the undeniable
future of the furniture industry"; Attendance Up 60
Percent
"Evidenced by the overwhelming success of the show,
World Market Center will be the dominant international
Market in the U.S. for buyers and manufacturers." -
Harvey Dondero, CEO, World Market Center...more
Mandatory Digital TV Transition Begins Critical Phase;
March 1 Signals Shipment Date for DTV Tuners in all
Analog Tuner Products
CEA’s Video Division Board adopted language last year
for manufacturers and retailers to alert consumers
purchasing an analog-only set that a digital converter
box will be required as of February 17, 2009 for
over-the-air reception...more
Filippo Joins DBL Distributing
Ray currently serves as a board member of the Consumer
Electronics Association ((CES) Accessories Division...more
Rent-to-own
Pro Dean Engels Turns 20 Years Of Community
Relationships Into A Successful ColorTyme Store
"The RTO business is different. It’s not like being a
banker or an accountant; every day is different and
brings another opportunity to help people. I enjoy
developing relationships with people. Though I had no
idea what it would be like to be a franchisee, the job
is easy because I enjoy what I do. I should have done
this 10 years ago." - Dean Engels, ColorTyme Franchisee...more
Survey Shows Less Than Half of Americans Are Satisfied
With Their Job
Less than two out of every five workers under the age of
25 are satisfied with their jobs. This segment of the
population has the lowest level of satisfaction and the
lowest level ever recorded in the nearly 20-year history
of this survey...more
Rent to Own Property Tax Amendment Scheduled For Public
Hearing
Texas Senate Joint Resolution SJR 30, a constitutional
amendment exempting on-rent merchandise in Texas from
personal property tax, and its companion bill HJR35 in
the state House of Representatives, have been scheduled
for a public hearing on Wednesday, February 28th...more
Report;
Today's New Workforce Lacks Even Basic Skills
Nearly 40 percent of employers say new workforce
entrants with just a high school diploma as 'deficient'
in reading comprehension. Over half (53.5 percent) say
new workforce entrants are "deficient" in mathematics.
According to the standardized testing reported in The
Nation's Report Card, 77 percent of 12th graders were
below proficient and 39 percent were below basic...more
Consumer Spending on Electronics Increases, But Growth
Rate Slows
Sales of all TVs in retail stores increased 15.7 percent
to $18.2 billion while unit sales remained flat.
E-commerce sales jumped 40 percent both in units and
dollars to two million and $1.8 billion, respectively.
However, online revenue only accounted for 8.7 percent
of total TV sales, and units were only 6.4 percent of
all TVs sold...more
Was the Super Bowl a Touchdown for TV Sales?; LCD And
Good Ole Fashioned CRTs Make Biggest Gains
LCD TVs 32 inches and larger and Direct View (CRT) TVs
under 32 inches saw the biggest increases Super Bowl
week...more
Payday Advance Association Launches $10 Million Consumer
Education Campaign; Revises Industry Best Practices To
Ban Certain Ads
"We are pleased to see that CFSA is willing to change
the way that it does business. This is an important step
toward eliminating the cycle-of-debt." - Robert L.
Bowser, President, National Conference of Black Mayors...more
Dell Named Among Top 20 Corporate Citizens
The 100 Best Corporate Citizens list ranks firms based
on how well they perform in eight categories:
shareholders, community, governance, diversity,
employees, environment, human rights, and product...more
High Point Furniture Market Intros Market Scout Program
The Scout will research the product category you’re
interested in and prepare a brief report for you
featuring sources they have identified that they believe
will most likely fulfill your needs. Upon your approval,
the Scout will then prepare an itinerary that maps an
efficient route between the showrooms featuring the
products you’re seeking...more |
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Sealy Announces $100 million Stock Repurchase
"The Company's adoption of the stock repurchase program
reflects the Board's continued high level of confidence
in Sealy's long-term growth plans." - Jeffrey C.
Ackerman, Executive Vice President, CFO, Sealy...more
easyhome To Webcast Q4 Conference Call
Audio of the call will be
broadcast live. A link to the live webcast will be available from My RTO
Portfolio....more
Aaron Rents Reports Same Store Sales Up 7.2%; Q4 Lease
Revenue Up 17%
For the 2006 year, the Company and its franchisees added
a net of 146 sales and lease ownership stores, a 13%
increase for the year in total store count for the
division, including, in addition to acquisitions, the
opening of 78 new Company-operated stores and 75 new
franchised stores...more
Small Business Owners Spend More Time Using the Internet
Than Any Other Medium
Small business executives’ activity level for
traditional online activities is much higher than
average...more
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Luminescence; Offers Rent to Own Companies Dynamic New
Next Generation Signage
"Luminescent signs and displays are the newest in
attention grabbing, colorful, animated, point of
purchase sales materials. They’ll replace your backlit
signs, give you animation that you never have had
before, can be used in clothing, hats and jewelry as
well as in Badges or Buttons." - Chet Pensak, Inform
Print & Promotions...more
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Auto by Rent Set To Begin Franchise Operations
Company officials say that the buy-here-pay-here Rent to
Own concept benefits sub-prime consumers by avoiding
additional debt...more
D&H Offers Lenovo 3000 Series Notebooks To Rent to Own
Industry; Mobile Desktops Give RTO Store Owners a
High-end Offering Through a Value-Added Partner
"Mobile computers are a terrific draw for the
rent-to-own market. They're a prestige-level item that
can help generate ongoing sales, especially if you're
able to enlist a true category leader like Lenovo." -
John Alifano, Division Manager, D&H Home Entertainment
Division....more
Breaking
updated with full amendment text
Texas State Senator Carona Introduces TARA Supported
Constitutional Amendment
Rent to Own companies in Texas currently pay property
tax on idle inventory as well as on leased merchandise
in customer's homes...more
RTO Online Is Celebrating
a Decade of Service to the Rent to Own Industry
RTO Online allows vendors from all categories, regardless of
association or group affiliation, to present their companies and products
to over 80,000
professionals per week from the Rent to Own and Retail sectors....more
John Eibl Blends RTO and Retail With Premier Home
Furnishings In Rockford,
Illinois
"I liked Jim’s concept of blending the best of RTO with
the best of retail in one operation. I felt that his
vision and what he was doing in his home furnishings
business matched my vision and what I wanted to do. It
inspired me to start my business." - John Eibl, Premier
Home Furnishings Franchisee....more
New York Introduces Bill To Ban Spinners
New York State Senator John Sabini has taken the first
step in limiting custom wheel and hubcap options for
motor vehicle enthusiasts....more
Aaron's Ups Stake In Hooters Pro Cup Racing; Company To
Be Title Sponsor In 2007
"We feel the exposure Aaron's receives at the track and
on the television broadcasts has brought us closer to
the race fans and increased our brand awareness." - Ken
Butler, President, Aaron's Sales and Lease Ownership...more
Former Sharp Exec Named LG Electronics USA VP Sales
McNally will be responsible for the company's U.S. sales
and channel marketing for flat-panel displays, digital
audio/video products, portable navigation devices,
computer monitors and optical drives...more |
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VIDEO
Convention Coverage
RentDirect-Nationwide Trade Show
Wraps;
See Complete Video Podcast GalleryThe nation’s top electronic,
appliance and furniture vendors wrapped up a 16-hour buying show
Wednesday that is expected to be one of the most successful-to-date for
the PrimeTime-Nationwide marketing group...more |
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