Aaron’s Spins Off As Stand-Alone Operator

Aaron’s has completed a spin-off from its former parent Aaron’s Holdings Co., and will operate as an independent, publicly-traded company, listed on the New York Stock Exchange under the ticker symbol AAN.

Trade Shows
IMC Realigns Leadership And Leasing Teams

To emphasize customer experience and partnership, International Market Centers has set a new organizational structure for its leasing and leadership teams, which more closely aligns permanent showroom and temporary trade show leasing.

Progressive Leasing Reaches Settlement With FTC

Progressive Leasing, a wholly-owned subsidiary of Aaron’s, has reached a final settlement with the Federal Trade Commission resolving all matters raised by the company’s previously disclosed FTC investigation related to the adequacy of consumer disclosures.

Rent-A-Center Adjusts To Changing COVID-19 Pandemic

As the COVID-19 outbreak advanced, Rent-A-Center reported that January and February sales trended positively, running about 4% up compared to the year-prior months. But March revenues trended down about 5% year over year as national efforts to contain the virus took hold.

Trade Shows
IMC Adds To Las Vegas Market Leasing Team

International Market Centers has added to its Las Vegas Market leasing team. Elizabeth Moss, a 17-year industry veteran, has joined the team and two existing members— Priscila Gilburg and Michelle Karol— will assume additional category responsibilities.

Rent-A-Center To Purchase Merchants Preferred

Weeks after settling litigation related to a purchase deal, Rent-A-Center has entered into a definitive agreement to acquire substantially all of the assets of C/C Financial Corp., which does business as Merchants Preferred, a nationwide provider of virtual rent-to-own services.

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