Aaron's

Aaron’s, Inc. (Aaron’s) is a specialty retailer of consumer electronics, computers, residential furniture, household appliances and accessories. Aaron’s is engaged in the lease ownership, lease and retail sale of a variety of products, such as widescreen and liquid crystal display (LCD) televisions, computers, living room, dining room and bedroom furniture, washers, dryers and refrigerators. It carries brands, such as JVC, Mitsubishi, Philips, Panasonic, Sony, Dell, Hewlett-Packard, Simmons, Frigidaire, and Sharp. It operates in four segments: Sales and Lease Ownership, Franchise, HomeSmart, and Manufacturing. The Company acquired the lease agreements, merchandise and assets of 38 Aaron’s Sales & Lease Ownership stores and 47 HomeSmart stores during the fiscal year ended December 31, 2011. In January 2014, the Company sold of its RIMCO operations to Rent-A-Wheel /Rent-A-Tire.