Rent-Way was a company based in the United States that specialized in providing rental services for household goods and furniture. The company's headquarters were located in Erie, Pennsylvania. Rent-Way was founded in 1960 by Charles E.

Horne Sr., who started the business with just four employees. Initially, the company focused on renting appliances and electronics to customers in the Erie area. However, it gradually expanded its product offerings to include furniture, computers, and other household goods.

The core products offered by Rent-Way included televisions, refrigerators, washing machines, computers, and various pieces of furniture. Customers could rent these items on a weekly or monthly basis, providing an affordable alternative for those who could not afford to purchase these items outright. Additionally, Rent-Way offered flexible payment options to accommodate its customers' needs.

On a global scale, Rent-Way operated mainly within the United States. However, the company did have a few noteworthy subsidiaries and joint ventures. One of its notable subsidiaries was ColorTyme, a rent-to-own franchise with locations across the country.

Rent-Way also had partnerships with various retailers, allowing the company to expand its reach and offer its products in different markets. In terms of market position, Rent-Way had a significant presence in the rental industry in the United States. The company had a substantial customer base and was regarded as one of the leading rental providers for household goods.

However, there were several competitors in the market, such as Rent-A-Center and Aaron's, which posed challenges to Rent-Way's growth. In its history, Rent-Way experienced several changes and challenges. In 2006, Rent-A-Center acquired Rent-Way, which led to the consolidation of the two companies.

This acquisition significantly impacted Rent-Way's operations and strategy. Additionally, the rent-to-own industry faced increasing competition and regulatory challenges during this period. As of the latest available information, Rent-Way is no longer in operation.

The company ceased operations after the acquisition by Rent-A-Center, which resulted in the phasing out of the Rent-Way brand. The majority of Rent-Way's former locations were rebranded as Rent-A-Center stores