Rent-A-Center, Inc. (NASDAQ: RCII)

5501 Headquarters Dr.
Plano, TX 75024-3556 (Map)
Phone: 972-801-1100
Fax: 866-260-1424
Toll Free: 800-422-8186
http://www.rentacenter.com

Hoover's coverage by Alexandra Biesada

Overview

Rent-A-Center (RAC) wants its customers to rent while it buys. The firm became the #1 rent-to-own chain nationwide through a slew of acquisitions. It owns and operates about 3,000 stores (down from 3,400 in 2006) throughout the US, Canada, Mexico, and Puerto Rico under the Rent-A-Center, Get It Now, and Home Choice names, and franchises 210 through subsidiary ColorTyme. The stores rent name-brand home electronics, furniture, accessories, appliances, and computers. While customers have the option to eventually own their rented items, only about 25% ever do. The company has exited the financial services business (launched in 2005) and stopped making new loans in early 2011. RAC is expanding in Canada and Mexico.

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Key Numbers from Hoover's UK

Key financials for Rent-A-Center, Inc. (NASDAQ: RCII)

Company Type Public (NASDAQ: RCII)
Fiscal Year-End December
2010 Sales (mil.) £1,765.7
1-Year Sales Growth (0.7%)
2010 Net Income (mil.) £110.9
1-Year Net Income Growth 2.3%
2010 Employees 18,300
1-Year Employee Growth 5.2%
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Key People from Hoover's UK

Key people and executives for Rent-A-Center, Inc. (NASDAQ: RCII)

Chairman and CEO Mark E. Speese
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President, COO, and Director Mitchell E. Fadel
EVP Finance, CFO, and Treasurer Robert D. Davis
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Top Competitors from Hoover's UK

Top competitors of Rent-A-Center, Inc. (NASDAQ: RCII)

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Rankings from Hoover's UK

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