65 Dell tablet computers and software to be donated by
Rent-A-Center (NASDAQ: RCII) to Atlanta-based 100 Black Men of
America, a noted men’s civic organization dedicated to educating
and empowering African American children and teens.
Why:
Donation to support the non-profit’s digital literacy pilot
program dubbed “Digital Literacy 4Kidz.”
When:
Delivery of computers to take place Wednesday, April 16th
at 11:00 a.m. EDT.
Where:
100 Black Men of America’s headquarters, located at 141 Auburn
Avenue, Atlanta, GA.
Who:
Representatives of 100 Black Men of America and Rent-A-Center.
Why this Matters:
• It’s said that 80 percent of all U.S. jobs will require digital
fluency within the next 10 years.
• 80 percent of Fortune 500 companies only accept job applications
online.
• President Obama announced a five-year plan to install high-speed
broadband Internet in 99 percent of schools by 2018.
• A recent Pew Research report reveals that African Americans
trail whites by seven percentage points when it comes to overall
internet use (87% of whites and 80% of blacks are internet users),
and by twelve percentage points when it comes to home broadband
adoption (74% of whites and 62% of blacks have some sort of
broadband connection at home).
Upbound Group, Inc. is a lease-to-own provider with operations in the United States, Puerto Rico, and Mexico. The Company operates through four segments: Acima, Rent-A-Center, Mexico, and Franchising. Acima segment generally offers lease-to-own transactions to consumers who do not qualify for traditional financing. Rent-A-Center Business segment consists of the Company-owned lease-to-own stores in the United States and Puerto Rico. The segment operates 1,839 company owned stores in the United States and Puerto Rico, including 52 retail installment sales stores under the names Get It Now and Home Choice. The segment operates approximately 131 stores in Mexico. The stores in its Franchising segment use its Rent-A-Center, ColorTyme or RimTyme trade names, service marks, trademarks, and logos. The segment franchises approximately 440 stores in 30 states operating under the Rent-A-Center (392 stores), ColorTyme (18 stores) and RimTyme (37 stores) trade names.