Aaron Rents Inc. Profile

Aaron Rents, Inc.

engages in the rental, lease ownership, and specialty retailing of consumer electronics, residential and office furniture, household appliances, and accessories in the United States, Canada, and Puerto Rico.

It operates in three divisions: Aaron’s Sales and Lease Ownership, Aaron Rents’ Rent-to-Rent, and MacTavish Furniture Industries.

The Aaron’s Sales and Lease Ownership division provides durable household goods to lower to middle income consumers with limited or no access to credit sources, such as bank financing, installment credit, or credit cards.

The Aaron’s Rent-to-Rent division rents new and rental return merchandise to individuals and businesses, with a focus on renting residential and office furniture to business customers.

The MacTavish Furniture Industries manufactures upholstered living-room furniture, such as contemporary sofas, sofabeds, chairs, modular sofa, and ottoman collections; bedding, including standard sizes of mattresses and box springs; office furniture consisting of desks, credenzas, conference tables, bookcases, and chairs; and designer lamps, tables, and accessories.

As of March 1, 2005, the company operated and franchised approximately 1,045 stores.

It also had 973 sales and lease ownership stores, including 616 company-operated stores in 27 states and Puerto Rico, and 357 franchised stores in 43 states and Canada.

Aaron Rents was founded in 1955 by R.

Charles Loudermilk.

The company is headquartered in Atlanta, Georgia.




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