@aarons.com
Headquartered in Atlanta, Aaron's is a leader in the lease ownership of name brand furniture, consumer electronics and home appliances through its 1,300+ Company-operated and franchised stores in 47 states and Canada.
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Aaron's, Inc. The company was founded in 1955 by R. Charles Loudermilk Sr.
Aaron's operates through its retail divisions, including Aaron's Sales & Lease Ownership and Progressive Leasing. It offers a variety of products for lease or purchase, including living room furniture, bedroom furniture, appliances, electronics, and home office essentials. The company's lease ownership program allows customers with low or no credit to acquire household items on a lease-to-own basis.
On a global scale, Aaron's primarily operates within the United States and has a strong presence throughout the country. The company does not have any noteworthy subsidiaries or joint ventures, but it has partnered with Progressive Leasing, a leading provider of lease-to-own solutions, to offer flexible financing options to its customers. In terms of market position, Aaron's is one of the largest lease-to-own retailers in the United States.
The company faces competition from other rent-to-own companies like Rent-A-Center and Buddy's Home Furnishings. However, Aaron's has managed to maintain a strong market share due to its extensive product selection, nationwide distribution network, and competitive pricing. In recent years, Aaron's has made some significant changes to its product lineup and strategy.
The company has focused on expanding its digital presence and enhancing the online shopping experience for customers. Additionally, Aaron's has introduced new product categories and expanded its selection to appeal to a wider customer base. As of the latest available information, Aaron's continues to operate successfully in the United States market.
The company has not experienced any major setbacks or significant updates up to date. With its strong market position and continued growth in the lease-to-own industry, Aaron's remains a leading player in the retail sector. In conclusion, Aaron's, Inc.
It operates primarily in the United States and offers a range of lease-to-own products to its customers. With a strong market position and a focus on digital expansion, Aaron's has remained a key player in the retail industry
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