leasing

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.

Financials
Rent-A-Center Posts Solid Second Quarter

In a solid second quarter, Rent-A-Center managed its business through the challenges of the pandemic to meet changing consumer lifestyle preferences. 

Retail
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.

Retail
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.

Home Décor
International Market Centers Boosts Leasing Team

International Market Centers has boosted its furniture and home décor leasing team with a new hire, Dale Schmidlin, now director of home décor leasing; and the promotions of Chris Amos to director of home décor leasing and John Dwiggins to director of furniture leasing.

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.

Retail
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.

Financials
Aaron’s Earnings, Sales Gain In Third Quarter

For the third quarter ended September 30, when the company’s Progressive business boosted revenues, Aaron’s posted net earnings of $43.7 million, or 62 cents per diluted share, versus $25.3 million, or 35 cents per diluted share, in the year-earlier period.

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