Rent-A-Center, Inc. (RCII) is the largest rent-to-own operator in North America, focusing on customers with bad credit by giving them the opportunity to own durable goods such as consumer electronics, appliances, computers, furniture and accessories. The company owns and operates approximately 3,100 stores in the U.S., Canada, Mexico and Puerto Rico and approximately 1,053 RAC Acceptance in-store kiosk locations in the United States and Puerto Rico. ColorTyme, Inc., a wholly owned subsidiary of the company, is also a national franchiser of approximately 224 rent-to-own stores operating under the trade name ColorTyme.
Together with Aaron's, its head-to-head competitor, these two behemoths make up roughly 67% of the U.S. rent-to-own market's revenue. However, Rent-A-Center wins by a large margin under...
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