05-09-08
Nationwide PrimeTime Buying Show Online Registration Begins May15
On May 15, online registration will begin for the next big
buying show, PrimeTime! by Nationwide
Marketing Group at Mandalay Bay Resort in Las Vegas, Nevada
on August 17-20...more
05-09-08
Check 'n Go Pays $220,000 Settlement After Customer Records Found In Dumpster
In a settlement reached Thursday with
Texas Attorney General Greg Abbott, Check 'n Go
will pay $220,000 and will overhaul its information security
program after several locations were caught disposing of
sensitive customer information in publicly accessible dumpsters...more
05-09-08
Furniture Buying Index Falls in May
The Furniture Buying Index is compiled each month by America's
Research Group from interviews with 5,000-8,000 consumers
across the country...more
05-09-08
Some TV Markets Transition to DTV Early
The Federal Communications Commission (FCC) announced that the Wilmington, North
Carolina, television market will complete its migration to digital television
five months before the rest of the nation...more
05-08-08
No Flat Panel Recession; U.S. Consumers Increase Flat-Panel Buying 46%
As U.S. consumers scramble to upgrade to digital televisions, flat-panel sales
are skyrocketing despite the economic slowdown...more
05-08-08
Made in the USA Promotional Wearables Popular With RTO Dealers
Most products are
manufactured overseas today, or so it seems. For some RTO dealers, sticking to their "made in the good old
USA" roots is more important than saving some green...more
05-08-08
Do You Verify Rental Applications or Just Collect Them?
The most common cause of failing to verify a rental application is the time it
takes to do it properly. But with today's technology, the verification process
is instant...more
05-07-08
Civil Rights Leader Brings Much Needed Reality-Check to Ohio Payday Loan Debate
"There is
something morally troubling and inconsistent with the hypothesis
that says the activity of a single mom getting a $200.00 dollar
payday loan to buy gas to get to work should be banned, while
that ability of that same mom to gamble that same $200.00
dollars on Keno or in a new casino should be made readily
available." - Niger Innis, National Spokesperson, Congress of Racial
Equality, to Ohio Senate Committee...more
05-07-08
Rent-A-Center Gives Harlem Hospital Makeover in Latest Random Act of Caring
In another Random Act of Caring, Rent-A-Center unveiled new furnishing makeovers
of three nurses' lounges at the Harlem Hospital Center in honor
of Nurses' Appreciation Week...more
05-07-08
Consumers Yawn as DVD Format War Ends; Blu-ray Player Sales
Off
Standalone Blu-ray player unit sales dropped 40 percent from
January to February in the U.S. and only saw a 2 percent increase from February
to March...more
05-07-08
Former
Rent Way VP John Miller Opens Roanoke Premier Rental-Purchase
As John Miller approached the end of his second decade in the RTO industry, he
was concerned about the looming acquisition of the company he worked for and
often thought about opening his own RTO store...more
05-07-08
What's Next For Rental Purchase Agreement Act
Even with broad bipartisan support, the Rental Purchase Act
faces an uphill battle in the House. The bill remains bottled up
since being submitted to the Financial Institutions and Consumer
Credit subcommittee, led by Chair Carolyn B. Maloney (D-NY), in
June 2007...more
05-06-08
Breaking
2000
Protesters Urge Ohio Senate to Defeat Payday Lending Ban
More than two thousand payday
lending customers and industry employees took to the steps of
the Capitol today to protest a ban on payday lending being
considered this week in the Ohio Senate...more
05-06-08
Midwest's Largest RTO Chain Schedules July Trade Expo
With 51
stores and over 300 employees in Georgia, Tennessee, Kentucky
and Indiana, American Rentals is the largest independent
rent-to-own company in the Midwest and one of the largest in the
nation...more
05-06-08
Apartment Programs Are a Proven Source of RTO Referrals
Have you established an organized rent-to-own referral program with apartment
complex managers in your marketing radius? If not, you're missing out on a ready
source of leads and new business...more
05-06-08
Consumer 2.0, the Information Omnivore
The
"information omnivore" craves all types of information and often
broadcasts its views and expectations worldwide via the
Internet...more
05-06-08
Over 80% of Consumers Use Net to Research Furniture, Appliance Purchases
A March survey by Experian of 1,945 consumers found that 81 percent of
respondents rely on Web sites as their primary source for researching products
and merchants for furniture and appliance purchases...more
05-06-08
Clinton Overtakes Obama With Democrats Nationally
These results are in contrast to a poll conducted in April showing Obama
forty-six percent to Clinton forty-three percent...more
05-05-08
RTO Professional
Training Series Topic #7
RTO Companies
Must Differentiate To Succeed
Competition for rental customers is fierce. Turning a shopper
into a paying renter is more important than ever. By focusing on
strategies that deliver a unique customer experience, Rent to
Own dealers can differentiate themselves from the competition
and gain market share...more
05-05-08
Check Casher Challenges Constitutionality of City Zoning Ordinance; Finally
Countless cities across the U.S. have passed ordinances limiting
the number and location of payday loan and check-cashing stores.
Until now, these constitutionally questionable laws have gone
unchallenged...more
05-05-08
Benefits of Hiring Workers With English as Second Language
Assuming current immigration levels continue, immigrants will account for about
half of the growth in America's working age population between now and 2015, and
will account for most of the growth through 2025...more
05-05-08
Rent N Ride
to Exhibit At National Buy-Here-Pay-Here Convention
The National Alliance of Buy Here,
Pay Here Dealers (NABD) 10th Annual National Conference will be
held this week, May 6 – 8 at the Las Vegas Hilton. More than 2,000 dealers,
experts and service providers are expected to attend...more
05-05-08
Adobe Trucks' Michelle Dunning to Attend Premier Companies May Conference
Serving the RTO industry for the past 15 years, Dunning
has worked with Premier since 2001 and has become one of their
preferred vendors...more
05-05-08
Milwaukee Brewers Choose RTO Supplier DreamSeat For New Section
In April of 2008 the Milwaukee
Brewer's unveiled another unique seating area in
right-centerfield at Miller Park. This luxury DreamSuite, known
as the Tundra Territory, is sponsored by Toyota and features DreamSeat
luxury licensed recliners...more
05-05-08
Employee Confidence
at Nine Month Low
Although 73 percent of workers believe the economy is getting weaker, the
majority of workers (52 percent) say they are confident in their ability to find
a new job, down only one percentage point from March...more
05-05-08
Advantage Rent-to-Own
Adds Division
Advantage Rent-to-Own announced the
addition of its new Corporate Listing Broker Specialist
Department headed by Mike Suchan...more
05-02-08
DSI Flat Panel Sales Increase
100% From 2007
Flat Panel sales at
DSI Systems
have increased 100% from a year ago. While many sectors are
suffering from a downturn in the economy, the consumer
electronics industry is holding strong...more
05-02-08
New Furniture Brands International CEO Sets Sights On Recovery
Furniture Brands International's board of directors elected Chief Executive Officer
Ralph P. Scozzafava as its chairman, replacing W.G. (Mickey)
Holliman...more
05-02-08
RTO Online Continues to Dominate Rent to Own Industry News; 6.4 Million Page Views in April
From owners and executives in the home-office to store level managers and
employees, RTO Online is proud to serve
everyone in the RTO business and, unlike niche websites,
considers all people associated with the RTO industry,
irregardless of affiliation, to be a valid and qualified user...more
05-02-08
National Governors Association Presses Congress For Unemployment Extension
The letter, signed by Rhode Island Gov. Donald L. Carcieri and
Oklahoma Gov. Brad Henry, also states that "governors believe it
is prudent and appropriate for Congress and the Administration
to enact a temporary federally funded extension" and provide
sufficient funding to assist jobless individuals during the
economic slowdown...more
05-01-08
Wall Street Journal Shanks Another One
The Wall Street Journal wrongly reported this morning that Rent-A-Center
threatened to end its financial support of America's Second Harvest...more
04-30-08
Economic Conditions Will Dampen Tax Rebate Impact
Tax rebates will have an immediate impact on sales of high-definition TVs and
personal computers this year, but economic concerns among consumers will limit
the growth to more modest levels...more
04-30-08
Sixty Eight Percent Polled Believe U.S. Entering Recession
Nearly a quarter (24 percent) of respondents in the Harris poll
said they are considering a second or part-time job to help them meet current
expenses...more
04-30-08
Let Politicians Debate Immigration; We Just Want to Rent Stuff
Immigration battles are raging
among politicians in this election year. Regardless of the
rhetoric, for those of you wearing rent-to-own marketing hats,
there are only two things that matter...more
04-30-08
Ohio
Payday Loan Legislation Fundamentally Flawed
"This ridiculously low cap will drive jobs out of Ohio and leave low-income
borrowers with less available options when facing a budget crunch." - Tim
Miller, Communications Director, Center for Consumer Freedom...more
04-30-08
RTO Veteran Turns Dreams into "Realty" With Rent to Own Homes
Advantage Rent-to-Own announced
that RTO industry veteran Denny Huston has joined the
organization as Regional Vice President over covering seventeen
states throughout the Midwest and South to Texas, as well as
serving as an authorized Master Licensee for the company...more
04-30-08
DAC Products Offers Rent
to Own Store Graphic Design
DAC Products, a supplier of Electronic Merchandising Display fixtures, also has
an extensive Graphics Department that will bring your Rent to Own Store to life...more
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