BNET Industries
Market Cap:$1.2B
Last Fiscal Year Sales:$2.8B
- Public
- US
Dow Jones Description
Our stores offer name-brand furniture, electronics, appliances and computers through flexible rental purchase agreements that generally let the customer obtain ownership of the merchandise at the conclusion of an agreed upon rental period. Many of our customers choose to rent merchandise for the short-term. We give same-day delivery, 90 days same as cash and an early purchase option. Should merchandise need repair while it is on rent, our 23 service centers across the country will provide service at no additional cost to the customer. We also give our customers a product substitute to use while their product is in service. Rent-A-Center provides an easy, affordable way for people to furnish their homes without incurring a continuing obligation or needing access to credit.
Number of Employees 17,900
Peer Companies
NAICS Code Consumer Electronics and Appliances Rental: 532210
Recent Events
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Rent-A-Centers profit up as sales decline
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Raymond James Initiates Coverage on Rent-A-Center RCII with a Market Perform
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ConsumerMan: Rent-a-Center ‘unfair’?
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Colortyme rides again: Gary Hughes and his associates relaunch rent-to-own firm in new Clarkston location
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Rent-A-Center Selects CyrusOne as Its Exclusive Data Center Provider
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Rent-A-Center quarterly earnings up 11.1%
News & Analysis
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company and rent-a-center inc. - All News and Analysis
Rent-A-Center, Inc. Announces Plans to Refinance Its Senior Debt
PLANO, Texas -- Rent-A-Center, Inc. (the "Company") (Nasdaq:RCII), the nation's largest rent-to-own operator, announced today that it anticipates refinancing its current senior debt by entering into a new $1,322.5 million senior credit facility, consisting of $922.5 million in term loans and a $400 million revolving credit facility. The Company anticipates...
Rent-A-Center, Inc. Announces Plans to Refinance Its Senior Debt
PLANO, Texas -- Rent-A-Center, Inc. (the "Company") (Nasdaq:RCII), the nation's largest rent-to-own operator, announced today that it anticipates refinancing its current senior debt by entering into a new $725 million senior credit facility, consisting of $325 million in term loans and a $400 million revolving credit facility. The Company anticipates...
Rent-A-Center, Plaintiff's Attorneys Announce Preliminary Court Approval of the Settlement of Griego/Carrillo Litigation
PLANO, Texas -- Rent-A-Center, Inc. (the "Company") (Nasdaq/NNM:RCII), and the attorneys for the plaintiffs in the Benjamin Griego, et al. v. Rent-A-Center, Inc., et al/Arthur Carrillo, et al. v. Rent-A-Center, Inc., et al coordinated litigation, announced today that the state court in California on Wednesday January 12, 2005, preliminarily approved...
Rent-A-Center, Inc. Announces Plans to Refinance Its Senior Debt
PLANO, Texas -- Rent-A-Center, Inc. (the "Company") (Nasdaq/NNM:RCII), the largest rent-to-own operator in the country, announced today that it anticipates refinancing its current senior debt by entering into a new $600 million senior credit facility, consisting of a $400 million term loan and a $200 million revolving credit facility. The...
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