Rent-A-Center

Rent-A-Center, Inc. Is Now Upbound Group, Inc., Advancing Its Mission to Elevate Financial Opportunity for All

Retrieved on: 
Thursday, February 23, 2023

The Company will begin to trade under the ticker NASDAQ: UPBD starting on February 27th.

Key Points: 
  • The Company will begin to trade under the ticker NASDAQ: UPBD starting on February 27th.
  • “Two years ago, Rent-A-Center, Inc. closed on its acquisition of Acima Holdings, almost doubling the size of the Company and dramatically changing both organizations.
  • We are thrilled to launch Upbound, a new enterprise brand and operating structure that will better serve our business and mission.
  • Upbound can help elevate our customers, providing them with greater access and a path towards financial flexibility,” concluded Mr. Fadel.

Rent-A-Center & Acima Raise Nearly $190,000 for Hunger Relief Across U.S.

Retrieved on: 
Monday, January 16, 2023

Employees at Rent-A-Center, Inc. (RAC) and Acima recently joined forces to support the North Texas Food Bank and Utah Food Bank’s hunger relief efforts this year.

Key Points: 
  • Employees at Rent-A-Center, Inc. (RAC) and Acima recently joined forces to support the North Texas Food Bank and Utah Food Bank’s hunger relief efforts this year.
  • In total, RAC and Acima raised nearly $190,000 for hunger relief last year.
  • Over the course of RAC’s campaign supporting the North Texas Food Bank (NTFB), NTFB 2022: #RACCares: Heroes for Hunger, employees at the Field Support Center (FSC) in Plano, Texas, raised nearly $128,000.
  • “Their generosity provided nearly 460,000 meals to neighbors across North Texas who are facing hunger during this critical time.

Save A Lot Appoints Retail Executive Cathy Skula to Board of Directors

Retrieved on: 
Wednesday, January 11, 2023

Moran Foods, LLC (Save A Lot) today announced that Cathy Skula has been appointed to the Company’s Board of Directors as an Independent Director, effective immediately.

Key Points: 
  • Moran Foods, LLC (Save A Lot) today announced that Cathy Skula has been appointed to the Company’s Board of Directors as an Independent Director, effective immediately.
  • View the full release here: https://www.businesswire.com/news/home/20230111005838/en/
    Ms. Skula, who currently serves as Operating Partner of Riverside, a global investment firm, brings to the board more than 30 years’ experience in retail.
  • “Cathy is an outstanding leader with a demonstrated record of driving growth,” said Leon Bergmann, Chief Executive Officer, Save A Lot.
  • I have no doubt she will be invaluable to our team as we progress through the next phase of our transformation.”
    “We are delighted to welcome Cathy to our Board of Directors,” said Justin Shaw, Chairman of the Board.

Rent-A-Center Opens Store in Lincoln, Nebraska

Retrieved on: 
Wednesday, January 4, 2023

The new Rent-A-Center store is located at 4451 N 26th St., Ste.

Key Points: 
  • The new Rent-A-Center store is located at 4451 N 26th St., Ste.
  • 1000, in Lincoln, Nebraska.
  • To enter, simply visit the store during the grand opening.
  • As a part of Rent-A-Center’s mission to give back to those in need, the new store will contribute $2,000 to the Food Bank of Lincoln, a local organization dedicated to alleviating hunger in southeast Nebraska.

Rent-A-Center Donates $100,000 to the American Red Cross

Retrieved on: 
Friday, December 23, 2022

Rent-A-Center, Inc. (NASDAQ: RCII) (“Rent-A-Center” or the “Company”), a leader in the lease-to-own industry, is proud to support the American Red Cross with $100,000 in donations towards disaster relief efforts across the country this year.

Key Points: 
  • Rent-A-Center, Inc. (NASDAQ: RCII) (“Rent-A-Center” or the “Company”), a leader in the lease-to-own industry, is proud to support the American Red Cross with $100,000 in donations towards disaster relief efforts across the country this year.
  • Rent-A-Center is proud of our long-term partnership with the American Red Cross, and the work they do to help those in the aftermath of disasters.
  • That’s why we want to support our partners and do our part to help them in their mission to serve those in need.”
    Because of Rent-A-Center’s continued work with the American Red Cross, RAC was recognized as a Gold Partner in the American Red Cross North Texas Region’s Ready 365 Giving Circle earlier this summer.
  • The Giving Circle consists of corporate partners who help the Red Cross give back to the community and provide hope and help to those who need it most.

Rent-A-Center, Inc. Declares Quarterly Cash Dividend of $0.34 for the First Quarter of 2023

Retrieved on: 
Wednesday, December 7, 2022

Rent-A-Center, Inc. (NASDAQ/NGS: RCII), a leading provider of technology driven, flexible, no debt obligation leasing solutions for consumers, today announced that its Board of Directors has approved a quarterly cash dividend of $0.34 for the first quarter of 2023.

Key Points: 
  • Rent-A-Center, Inc. (NASDAQ/NGS: RCII), a leading provider of technology driven, flexible, no debt obligation leasing solutions for consumers, today announced that its Board of Directors has approved a quarterly cash dividend of $0.34 for the first quarter of 2023.
  • The dividend will be paid on January 10, 2023, to the Companys common stockholders of record as of the close of business on December 20, 2022.
  • Rent-A-Center, Inc. (NASDAQ: RCII) is a leading provider of technology driven, flexible, no debt obligation leasing solutions that offer underserved consumers access to and potential ownership of high-quality durable goods that enhance the quality of life.
  • For additional information about the Company, please visit our website Rentacenter.com or Investor.rentacenter.com .

Rent-A-Center opens store in Queens, New York

Retrieved on: 
Tuesday, December 6, 2022

The new Rent-A-Center store is located at 16805 Jamaica Avenue in the Queens borough of New York City.

Key Points: 
  • The new Rent-A-Center store is located at 16805 Jamaica Avenue in the Queens borough of New York City.
  • The public will have the opportunity to shop the stores merchandise during the grand opening event.
  • In conjunction with the grand opening ceremony, Rent-A-Center will be giving away an 85 Samsung Crystal UHD 7 Series TV, valued at $1,399.99.
  • To enter, simply visit the store during the grand opening.

Kafene Announces Three Executive Hires as it Continues to Build Out its Management Team

Retrieved on: 
Wednesday, November 30, 2022

Awan brings to bear a robust legal and financial services background along with experience in scaling early-stage fintech companies.

Key Points: 
  • Awan brings to bear a robust legal and financial services background along with experience in scaling early-stage fintech companies.
  • Awan previously held senior-level roles at various fintech companies and also worked in private practice where he focused on complex commercial matters.
  • "It's an exciting time at Kafene as we welcome several new members onto our executive leadership team whose experience and vision will each serve as a force multiplier for us," said Neal Desai, Chief Executive Officer, Kafene.
  • To learn more about Kafene please visit www.kafene.com , and to learn more about Kafene's commitment to customer experience and consumer protection, please visit here .

Acima Selected as Exclusive Lease-to-Own Provider of CITY Furniture

Retrieved on: 
Tuesday, November 29, 2022

Acima Leasing , a leading provider of lease-to-own ("LTO") services for merchants and consumers and Fintech platform of Rent-A-Center, Inc. (NASDAQ/NGS: RCII), is pleased to announce an agreement with CITY Furniture, a Florida-based home furnishings retailer.

Key Points: 
  • Acima Leasing , a leading provider of lease-to-own ("LTO") services for merchants and consumers and Fintech platform of Rent-A-Center, Inc. (NASDAQ/NGS: RCII), is pleased to announce an agreement with CITY Furniture, a Florida-based home furnishings retailer.
  • Acima was chosen as the exclusive lease-to-own platform for CITYs e-commerce site and approximately 23 showrooms across Florida.
  • "We are thrilled that CITY Furniture chose Acima as their exclusive lease-to-own provider to give customers flexible shopping options for their home furnishing needs," said Mike Bagull, SVP Business Development & Partnerships, Acima.
  • "CITY Furniture is on a mission to change the way people live through beautiful home furnishings, and Acima Leasing helps us make a positive impact on even more consumers," said Andrew Koening, Chief Executive Officer, CITY Furniture.

Acima and Sleep Outfitters Partner to Bring Great Sleep to Underserved Consumers

Retrieved on: 
Tuesday, November 15, 2022

With the addition of Acimas LTO solutions at Sleep Outfitters, consumers from all backgrounds can more easily access Americas most iconic bedding brands: Sealy, Stearns & Foster, and Tempur-Pedic.

Key Points: 
  • With the addition of Acimas LTO solutions at Sleep Outfitters, consumers from all backgrounds can more easily access Americas most iconic bedding brands: Sealy, Stearns & Foster, and Tempur-Pedic.
  • With Sleep Outfitters as a new partner, we can help more consumers obtain access to the quality bedding products they need to live a better quality of life.
  • Sleep Outfitters is a leading sleep solutions provider, founded in 1983.
  • Today, Sleep Outfitters employs around 400 people and operates over 120 stores in 10 states: Alabama, Arizona, Florida, Indiana, Kansas, Kentucky, Missouri, Ohio, Tennessee, and West Virginia.