10-04-02
RTO Online
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Factoids |
| Rainbow Rentals operates 123 stores in 14 states |
| Company founded in 1986 |
| Rainbow based in Canfield, Ohio |
| Rainbow employs more than 800 people |
| In 1999 and 2000, Rainbow was listed on Forbes
magazine's lists of Best 200 Small Companies. |
| Rainbow
Website |
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CANFIELD, Ohio,: Rainbow Rentals announced that it has joined MARTA
Cooperative of America, an organization representing more than 500 retail and
rent-to-own stores. Rainbow expects its association with MARTA to lead to lower
purchasing costs and greater access to a wider variety of consumer products.
Michael Viveiros
President
"We are very pleased by the early results of our association with this group. As
Rainbow continues to grow, our ability to secure better pricing and a wider
range of products will enable us to grow in a profitable manner.
MARTA was established in 1964 as the Metropolitan Area Radio and Television
Association. Since then, it has evolved into a not-for-profit buying group that
enables its members to buy quality consumer electronics products and appliances
in large quantities, often at lower prices. MARTA, based in Scottsdale, Ariz.,
is the largest member-owned buying group in the consumer electronics industry,
with 106 member companies representing more than 500 stores and sales of more
than $2 billion.
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