Rent-A-Center

RAC is a rent-to-own company that allows users to obtain ownership of electronic products, home appliances, computers and smartphones. Read more

400 Followers on Owler
400 Followers on Owler
400 Followers on Owler
400 Followers on Owler

Rent-A-Center

RAC is a rent-to-own company that allows users to obtain ownership of electronic products, home appliances, computers and smartphones. Read more

RENT-A-CENTER TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

Missing a competitor? Contribute!

Aaron’s is a top competitor of Rent-A-Center. Aaron’s was founded in Atlanta, Georgia} in 1955. Aaron’s competes in the Furniture and Home Furnishing industry. Compared to Rent-A-Center, Aaron’s generates $1.7B less revenue.

Big Lots is Rent-A-Center's #2 competitor. Big Lots is headquartered in Columbus, Ohio, and was founded in 1967. Big Lots competes in the Logistics, Wholesalers & Retail Distributors field. Big Lots generates 220% the revenue of Rent-A-Center.

FlexShopper has been one of Rent-A-Center's top competitors. FlexShopper is a Public company that was founded in 2003 in Boca Raton, Florida. Like Rent-A-Center, FlexShopper also competes in the Logistics, Wholesalers & Retail Distributors industry. Compared to Rent-A-Center, FlexShopper has 13,845 fewer employees.

Weigh-in!

Help the Owler community know more

Competitor - 1/1

Is hhgregg a competitor of Rent-A-Center?

Rent-A-Center Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$2.8B

Rent-A-Center's revenue is the ranked 4th among it's top 10 competitors. The top 10 competitors average 14.1B. Over the last three quarters, Rent-A-Center's revenue has decreased by 6.4%. Specifically, in Q4 2020's revenue was $640.2M; in Q3 2020, it was $688.2M; in Q2 2020, it was $683.7M.

Rent-A-Center Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Acima Holdings, LLC

Dec 2020

Source »
$1.3B
Acima is an LTO fintech company that provides point-of-sale leasing and retail lending solutions for consumers and merchants.
Merchants Preferred

Jul 2019

Source »
$47.5M
Merchants Preferred is a provider of lease purchase services to furniture and appliance merchants.

-

The Rental Store, Inc.

Dec 2010

Source »
$75.5M
-
Rent-Way, Inc.

Aug 2006

Source »
$567M
-
RentRite, Inc.

May 2004

Source »
$undefined
RentRite is a provider of construction equipment for rent.

These are all the companies that Rent-A-Center has acquired. Rent-A-Center has acquired 6 companies and its latest acquisition was Acima Holdings, LLC in Dec 2020. Acima is an LTO fintech company that provides point-of-sale leasing and retail lending solutions for consumers and merchants.

Rent-A-Center Funding History

Since Rent-A-Center was founded in 1973, it has participated in 2 rounds of funding. In total Rent-A-Center has raised $1.8B. Rent-A-Center's last funding round was on Dec 2020 for a total of $1.8B

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Dec 2020
$1.8B

JPMorgan

Equity
Aug 2019
$19.2M

Since Rent-A-Center was founded in 1973, it has participated in 2 rounds of funding. In total Rent-A-Center has raised $1.8B. Rent-A-Center's last funding round was on Dec 2020 for a total of $1.8B

Rent-A-Center Investments

No recent investments found related to Rent-A-Center

These are all the companies that Rent-A-Center has invested in. Rent-A-Center has invested 6 companies and its latest investment was Acima Holdings, LLC in Dec 2020. Acima is an LTO fintech company that provides point-of-sale leasing and retail lending solutions for consumers and merchants.

Rent-A-Center News

March 1, 2021MarketScreener

to Participate in Upcoming Investor Conferences in March

(marketscreener.com) Rent-A-Center, Inc. , a leader in the lease-to-own industry, today announced tha... See more »
February 19, 2021Competition Policy International

Rent-A-Center Completes Purchase Of Acima Holdings

Rent-A-Center, Inc. has closed on its purchase of Acima Holdings, which had been announced in the pas... See more »
February 12, 2021MarketScreener

Announces Fourth Quarter 2020 Earnings Call and Webcast

(marketscreener.com) Rent-A-Center, Inc. today announced it will host a conference call on Thursday, ... See more »
February 1, 2021MarketScreener

Announces New Independent Director B.C. Silver and Upcoming Retirement of Director Michael Gade

(marketscreener.com) Rent-A-Center, Inc. , a leader in the lease-to-own industry, today announced tha... See more »
January 15, 2021Global Legal Chronicle

Rent-A-Center's $1.65 Billion Acquisition of Acima

Sullivan & Cromwell advised Rent-A-Center, while Wachtell, Lipton, Rosen & Katz advised Acima on the ... See more »

Rent-A-Center Blogs

November 3, 2020Rent A Center Inc De Blog

All the Essential Ingredients for a Virtual Holiday Party

Virtual baby showers, virtual birthdays, virtual weddings… Why not throw a virtual holiday party? The... See more »
November 1, 2020Rent A Center Inc De Blog

Black Friday Gift Guide for Everyone on Your List

It’s never too early to get in the holiday spirit, and with Rent-A-Center’s Black Friday gift guide, ... See more »
October 30, 2020Rent A Center Inc De Blog

How Big of a TV Do I Need?

TV technology is advancing faster than ever, but between confusing acronyms and varying sizes, it’s e... See more »
October 20, 2020RAC Blog

4 Easy Ways to Make a Payment at Rent-A-Center

Renting furniture, appliances, and electronics from RAC is a convenient and accessible way to get the... See more »
September 29, 2020RAC Blog

How to Celebrate Halloween at Home!

Are you planning on staying home this Halloween? Don’t let the scariest part be your fear of mi... See more »
September 27, 2020RAC Blog

What Does 4-6 Months Same As Cash Mean?

Maybe you’ve seen it on an ad or social media, “4-6 Months Same As Cash,” but what ... See more »
September 27, 2020RAC Blog

Wash Your Way Sweepstakes with Whirlpool and RAC

The post Wash Your Way Sweepstakes with Whirlpool and RAC appeared first on Front & Center.... See more »

Rent-A-Center Press Releases

November 19, 2020Business Wire

Rent-A-Center Unveils New Digital Platform to Accelerate Growth as the Lease-to-Own Landscape Evolves

PLANO, Texas--(BUSINESS WIRE)--Rent-A-Center, Inc. (the "Company" or "Rent-A-Center") (NASDAQ/NGS: RC... See more »
October 15, 2020Business Wire

Rent-A-Center, Inc. Announces Third Quarter 2020 Earnings Call and Webcast

PLANO, Texas--(BUSINESS WIRE)--Rent-A-Center, Inc. (NASDAQ/NGS:RCII) today announced it will host a c... See more »
January 22, 2020Business Wire

Rent-A-Center Announces New Preferred Lease Broader Service Offering

PLANO, Texas--(BUSINESS WIRE)--Rent-A-Center, Inc. (NASDAQ: RCII) ("Rent-A-Center" or the "Company"),... See more »
August 7, 2019Business Wire

Rent-A-Center, Inc. Reports Second Quarter 2019 Results

PLANO, Texas--(BUSINESS WIRE)--Rent-A-Center, Inc. (the "Company" or "Rent-A-Center") (NASDAQ/NGS: RC... See more »
November 5, 2018StreetInsider

Rent-A-Center, Inc. Reports Third Quarter 2018 Results

Rent-A-Center, Inc. (the "Company") (NASDAQ/NGS: RCII) today announced results for the quarter ended ... See more »
July 10, 2018Business Wire

Rent-A-Center Donates $83,952 to Fight Hunger in North Texas

PLANO, Texas--(BUSINESS WIRE)--In May and June, employees at Rent-A-Center, Inc. came together to sup... See more »
July 9, 2018Business Wire

Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Rent-A-Center, Inc.

NEW ORLEANS--(BUSINESS WIRE)--$RCII #RCII--Former Attorney General of Louisiana Charles C. Foti, Jr.,... See more »

Rent-A-Center Videos

Social Media

Rent-A-Center Headquarters

5501 Headquarters Drive

Plano, Texas75024

972-801-1100

Driving Directions »

Trending Companies

Rent-A-Center Summary

ABOUT

Overview

RAC is a rent-to-own company that allows users to obtain ownership of electronic products, home appliances, computers and smartphones. Rent-A-Center was founded in 1973. Rent-A-Center's headquarters is located in Plano, Texas, USA 75024. It has raised...

CEO

Rent-A-Center's CEO, Mitchell E. Faddell, currently has an approval rating of 90%. Rent-A-Center's primary competitors are Aaron’s, Big Lots & FlexShopper.

Website

rentacenter.com

Frequently Asked Questions about Rent-A-Center

  1. When was Rent-A-Center founded?

    Rent-A-Center was founded in 1973
  2. Who is Rent-A-Center's CEO?

    Rent-A-Center's CEO is Mitchell E. Faddell
  3. How much revenue does Rent-A-Center generate?

    Rent-A-Center generates $2.8B in revenue
  4. How much funding does Rent-A-Center have?

    Rent-A-Center has historically raised $1.8B in funding
  1. Where is Rent-A-Center's headquarters?

    Rent-A-Center's headquarters is in Plano Texas, USA
  2. How many employees does Rent-A-Center have?

    Rent-A-Center has 14,000 employees
  3. What sector does Rent-A-Center operate in?

    Rent-A-Center is in Logistics, Wholesalers & Retail Distributors, Computer & Electronics Retail, Consumer Electronics & Appliances
  4. Who are Rent-A-Center's competitors?

    Rent-A-Center's top competitors are Aaron’s, Big Lots, FlexShopper