Aaron Rents buys back five stores

Article Abstract:

Aaron Rents has acquired five rent-to-own stores that it has franchised in four markets in the Carolinas under a 1995 contract with Affordable Rents. The major rental company said the stores, which generated around $3 million in revenue in the last year, will be managed as company-owned operations within the aaron's Rental Purchase division. Specifically, the five stores are located in Winston-Salem, Wilmington, Florence, SC, and Rocky Mount, NC. Aaron said the purchase will furnish the firm with a springboard for more development in the same markets.

Comment:

Acquired five rent-to-own stores it franchised in four markets in the Carolinas under a 1995 contract with Affordable Rents

Acquisitions & mergers, Equipment Leasing & Rental, Rental and Leasing Services, Equipment rental, Article

Ryan assumes VP post at Aaron Rents

Article Abstract:

Aaron Rents has named Michael P. Ryan as the new vice president of the company's Northern Operations, Sales and Lease Ownership division. Ryan has been with Aaron Rents since 1990.

Appointments, resignations and dismissals, Lease and rental services industry, Lease and rental services, ARON

Bedding newsmaker: ISPAEs Dick Doyle

Article Abstract:

President and CEO of Interna tional Sleep Products Association, Dick Doyle gives his opinion about the issues, changes, business goals facing him in the bedding industry.

Interview, Personality profile, International Sleep Products Association, Doyle, Dick