Rent-A-Center, Inc., along with its affiliated entities, empowers consumers to acquire essential and discretionary household merchandise through a flexible lease-to-own arrangement. The company's operations are strategically organized into four distinct divisions: Rent-A-Center Business, Acima, Mexico, and Franchising. Its comprehensive inventory encompasses a wide array of products, including furniture and home accents, major appliances, state-of-the-art consumer electronics, personal computing devices (such as laptops, tablets, and smartphones), specialized tools, vehicle tires, fashion handbags, and various other accessories, all offered under rental purchase agreements. In addition to its core lease-to-own model, the firm also facilitates direct sales of goods on an installment payment basis. Furthermore, it extends lease-to-own opportunities to individuals who might not qualify for conventional financing from traditional retailers, making these transactions accessible via dedicated kiosks situated within partner retail locations. The corporation oversees its retail installment sales outlets, branded as "Get It Now" and "Home Choice." Its lease-to-own and franchised lease-to-own establishments primarily operate under the "Rent-A-Centre," "ColorTyme," and "RimTyme" banners, complemented by its e-commerce platform, rentacenter.com. As of December 31, 2021, Rent-A-Center commanded a substantial presence, owning and operating approximately 1,846 stores across the United States and Puerto Rico. This footprint included 45 retail installment sales branches, 35 Acima-staffed locations in North Carolina, and 123 stores situated in Mexico. Additionally, its robust franchise network comprised 466 lease-to-own establishments spread across 32 states. Founded in 1960, Rent-A-Center, Inc. maintains its corporate headquarters in Plano, Texas.
