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RENT-A-CENTER INC (RCII)

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Business Summary
Provides consumer goods on rental purchase arrangements

Rent-A-Center, Inc. provides an easy, affordable way for people to furnish their homes without incurring a continuing obligation and without needing access to credit.

Its stores generally offer high quality durable products such as major consumer electronics, appliances, computers, and furniture and accessories under flexible rental purchase agreements that typically allow the customer to obtain ownership of the merchandise at the conclusion of an agreed-upon rental period.

The company operates its business through the following segments: Core U.S., Acceptance Now, International and Franchising.

The Core U.S. segment primarily operates rent-to-own stores in the United States and Puerto Rico.

The Acceptance Now segment provides an on-site rent-to-own option at a third-party retailer's location.

The International segment consists of the company-owned store locations in Canada and Mexico.

Rent-A-Center was founded by Mark E. Speese on September 16, 1986 and is headquartered in Plano, TX.

Number of employees : 22 200 persons.
Sales per Businesses
20122013Delta
USD (in Million)%USD (in Million)%
Core U.S.2,65586.1%2,50880.8% -5.9%
Acceptance Now343.2811.1%502.0416.2% +31.62%
Franchising43.741.4%36.201.2% -20.84%
International40.211.3%58.451.9% +31.2%
Sales per Regions
20122013Delta
USD (in Million)%USD (in Million)%
Americas3,083100%---
United States--3,04698.1%-
Mexico--47.171.5%-
Canada--11.280.4%-
Managers
NameAgeSinceTitle
Robert Dale Davis MBA, CPA431993Chief Executive Officer & Director
Mitchell E. Fadel562000President & Chief Operating Officer
Mark E. Speese561986Chairman
Guy J. Constant, MBA492014Chief Financial Officer, Treasurer & EVP-Finance
Herman Nell--Chief Information Officer
Christi M. Liebe--Chief Technology Officer
Michael J. Gade, MBA622005Independent Director
Leonard H. Roberts652006Independent Director
Jeff M. Jackson, MBA582007Independent Director
Paula Stern, PhD682008Independent Director
Shareholders
NameShares%
Fidelity Management & Research Co. 8,269,92115.6%
Hotchkis & Wiley Capital Management LLC 5,596,92610.6%
Dimensional Fund Advisors LP 4,433,3128.39%
BlackRock Fund Advisors 3,886,2597.35%
The Vanguard Group, Inc. 3,007,3475.69%
Artisan Partners LP 2,552,5154.83%
SSgA Funds Management, Inc. 2,152,3454.07%
Northern Trust Investments, Inc. 1,661,2973.14%
Huber Capital Management LLC 1,596,3253.02%
LSV Asset Management 1,538,4582.91%
Sector
Consumer Cyclicals
Retailers
 Other Specialty Retailers
  Other Specialty Retailers
   Other Specialty Retailers - NEC
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Company contact information
Rent-A-Center, Inc.
5501 Headquarters Drive
Plano, TX 75024

Phone : +1.972.801.1100
Fax : +1.866.260.1424
Web : www.rentacenter.com
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