leasing

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.

Financials
Rent-A-Center Suffers Rough Q4

For the fourth quarter, and as it put in place a new strategic plan, Rent-A-Center posted net earnings and diluted earnings per share of $34.8 million and 65 cents versus a net loss and diluted loss per share of $146.4 million and $2.76 in the year-earlier period.

Financials
FlexShopper Touts Strong December Results

FlexShopper, a national online lease-to-own retailer and LTO payment solution provider, has announced record year-over-year lease origination growth in December 2017, with gross lease originations increasing 27.5% to 25,140 from the month last year.

Retail
Rent-A-Center Appoints Fadel CEO

Rent-A-Center has appointed Mitchell Fadel, the company’s former president and chief operating officer and a current member of its board of directors, CEO, effective immediately.

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