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Aaron's, Inc.

Aaron Rents
Company nameAaron's, Inc.
Company typePublic (Nyse - AAN)
SloganSales & Lease Ownership for Less!
IndustryFurniture
Founded1955
Founder(s)R. Charles Loudermilk
HeadquartersAtlanta, GA, USA
Area servedNorth America
Key peopleR. Charles Loudermilk
(Chairman)
Robert C. Loudermilk Jr.
(President) & (CEO)
ProductsFurniture rental
Rent-to-own
Revenue(+) US$ 1.494 billion (2007)
Operating income(+) US$ 128.84 million (2007)
Net income(+) US$ 75.82 Million (2007)
Total assets(+) US$ 1.113 billion (2007)
Total equity(+) US$ 673.38 million (2007)
Employees9,600 (2008)
SubsidiaryAaron's
Aaron's Corporate Furnishings
Rimco

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Aaron's, Inc. is a lease-to-own retailer. The company focuses on leases and retail sales of furniture, electronics, appliances, and computers. It is divided into three major divisions: sales and lease ownership; corporate furnishings; and manufacturing. The incorporation of manufacturing as well as retailing makes the company vertically integrated.


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