Home | Business News | Browse by Publication | M | M2 Presswire

Bellwether Report Begins Tracking RCII.

Publication: M2 Presswire
Publication Date: 31-JAN-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-31 January 2005-bellwetherreport.com: Bellwether Report Begins Tracking RCII(C)1994-2005 M2 COMMUNICATIONS LTD

RDATE:01312005

Rent-A-Center (NASDAQ: RCII), is the largest rent-to-own operator in the United States with an approximate 34% market share based on store count as of September 30, 2004. At September 30, 2004, Rent-A-Center operated approximately 2,860 company-owned stores nationwide, and in Canada and Puerto Rico. Their subsidiary, ColorTyme, is a national franchisor of rent-to-own stores. At September 30, 2004, ColorTyme had 314 franchised rent-to-own stores, 302 of which operate under the trade name of "ColorTyme" and the remaining 12 of which operate under the "Rent-A-Center" name.Their stores generally offer high quality durable products such as home electronics, appliances, computers, and furniture and accessories under flexible rental purchase agreements that typically allow the customer to obtain ownership of the merchandise at the conclusion of an agreed-upon rental period. These rental purchase agreements are designed to...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from M2 Presswire
Allders collapse triggers warning to retail suppliers., January 31, 2005
Rensselaer professor Chang Ryu selected to receive NSF Career Award., January 31, 2005
CORRECTION - Castle Point Borough Council signs strategic ICT partners..., January 31, 2005
DataCash and Andromeda aim for bigger slice of delivery market., January 31, 2005
Getronics and PinkRoccade confirm intended offer of EUR 350 million fo..., January 31, 2005

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.