Saturday, August 3, 2013

"AAN" for Aaron's Inc.

Aaron Rents, Inc. is a leading specialty retailer of consumer electronics,  computers, residential and office furniture, household appliances and  accessories. We engage in the lease ownership, rental and retail sale of a wide  variety of products such as widescreen, LCD televisions, computers, living room,  dining room and bedroom furniture, washers, dryers and refrigerators. We carry  well-known brands such as JVC?, Mitsubishi?, Philips?, RCA?, Sony?, Dell?,  Hewlett-Packard?, Simmons?, Frigidaire?, General Electric? and Maytag?. Our  major operating divisions are the Aaron?s Sales & Lease Ownership division, the  Aaron?s Corporate Furnishings division, and the MacTavish Furniture Industries  division, which supplies the majority of the upholstered furniture and bedding  leased and sold in our stores.
Aaron’s, Inc. (Aaron’s) is a specialty retailer of consumer electronics, computers, residential furniture, household appliances and accessories. Aaron’s is engaged in the lease ownership, lease and retail sale of a variety of products, such as widescreen and liquid crystal display (LCD) televisions, computers, living room, dining room and bedroom furniture, washers, dryers and refrigerators. It carries brands, such as JVC, Mitsubishi, Philips, Panasonic, Sony, Dell, Hewlett-Packard, Simmons, Frigidaire, and Sharp. It operates in four segments: Sales and Lease Ownership, Franchise, HomeSmart, and Manufacturing. The Company acquired the lease agreements, merchandise and assets of 38 Aaron’s Sales & Lease Ownership stores and 47 HomeSmart stores during the fiscal year ended December 31, 2011. In 2011, it sold 10 of its sales and lease ownership stores to franchisees and 15 to a third party operators. It added a net of 82 Company-operated sales and lease ownership stores in 2011.

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