Company Snapshot: Rent-A-Center
5501 Headquarters Dr
Plano, TX 75024-5845
Mark E. Speese- Chairman of the Board (Since 2001)
Robert D. Davis- CEO
Mitchell E. Fadel- President, COO
Rent-A-Center Inc. is a multifaceted retailer which bases its mission on the proposition of offering its customers an opportunity to obtain quality necessities, primarily furniture and electronics, on a rent-to-own basis. This focuses on consumers with financial or credit restrictions who seek to modestly enjoy the American way of life within their means.
Rent-A-Center offers customers an option to try a product on an affordable rental basis.
They then have the options to upgrade or change to a newer model with little additional financial stress. The customer always has the choice to save money in the long run and arrange to purchase products outright. Rent-A-Center offers free service and delivery with no down payment or credit report required.
Since the company’s founding in 1986, the company has grown from a base of 16 stores to an ever growing cadre covering the U.S., Canada, Puerto Rico and Mexico. As listed in Chain Store Guide’s proprietary database, the company operates through several trade names, based on offerings, nationality and a number of acquisitions through the years.
Rent-A-Center is ever seeking to freshen and update its product offerings. This year has seen an impressive merchandising push to promote its impressive new line of smartphones based on no-contract calling plans. Plans are offered through several leading, nationwide wireless service providers. Wireless devices include the latest by Samsung including the newest Galaxy and Note models.