Rent-A-Center

In the 1960s, Ernie Talley owned a retail company in Wichita, Kansas. He saw many hardworking customers who either did not have the cash to purchase goods for their homes or who had been turned down for credit. Seeing them leave empty-handed gave him an idea to rent used merchandise with an option to own it. The idea soon caught on with consumers. Talley opened the first rent-to-own store, Mr. T's TV Rental, in Tulsa, Okla., offering new and pre-leased products. A concept, born out of the desire to serve the needs of customers who lacked the cash or financing to buy the products they wanted and needed, has today grown into a $6.7 billion dollar industry serving millions of customers. Rent-to-own, rental purchase or rent with an ownership option — depending on which state you live in — is a unique transaction different from other retail transactions. At RAC, we offer quality merchandise, 90 days same as cash and convenient payment options; delivery, set-up and service at no extra charge (with loaners if needed); and lifetime reinstatement. All of this is provided with no down payment or credit needed. Where else can you find a transaction that allows you to furnish your home with the merchandise you need and want with no financial obligation, down payment or the worry of repair bills? Today, more than one million customers rely on the brand-name products and services Rent-A-Center provides. Rent-A-Center owns and operates more than 3,000 stores in 50 states, Washington, D.C., Canada, and Puerto Rico. Our corporate headquarters are located in Plano, Texas.
Company Growth (employees)
Type
Public
HQ
Plano, US
Size (employees)
21,600 (est)
Rent-A-Center is headquartered in Plano, US

Rent-A-Center Office Locations

Rent-A-Center has an office in Plano
Plano, US (HQ)
5501 Headquarters Dr

Rent-A-Center Financials and Metrics

Rent-A-Center Financials

Rent-A-Center's revenue was reported to be $3 b in FY, 2016 which is a 10% decrease from the previous period.
USD

Revenue (FY, 2016)

3 b

Revenue growth (FY, 2015 - FY, 2016), %

(10%)

Market capitalization (16-Oct-2017)

544.6 m
Rent-A-Center's current market capitalization is $544.6 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

3.2 b3.3 b3 b

Revenue growth, %

4%(10%)
Show all financial metrics

Rent-A-Center Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017

Stores (Mexico)

177169143143143129129130130131

Stores (Franchising)

187184187207227227228231229229

Stores (Core U.S.)

2.82 k2.82 k2.8 k2.7 k2.67 k2.66 k2.48 k2.47 k2.46 k2.45 k

Staffed Kiosk Locations (Acceptance Now)

1.41 k1.43 k1.46 k1.47 k1.44 k1.44 k1.37 k1.37 k1.43 k1.39 k
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Rent-A-Center Market Value History

Rent-A-Center Revenue Breakdown

Rent-A-Center Median Salaries

Source: 16 public H-1B filings from Rent-A-Center

Traffic Overview of Rent-A-Center

Rent-A-Center Online and Social Media Presence

Rent-A-Center News and Updates

Vintage Capital offers to buy Rent-A-Center for $800 million. says letter: Reuters

Vintage Capital has offered to buy Rent-A-Center Inc (RCII.O) for around $800 million, according to a letter seen by Reuters, in a move that would add another rent-to-own company to the private equity firm's portfolio.

Rent-A-Center Company Life and Culture

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