Upbound Group Inc - Company Profile
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Upbound Group Inc (Upbound), formerly Rent-A-Center Inc, is an operator of rent-to-own franchise stores and kiosks. The company’s stores offer consumer electronics, appliances, computers, tablets, smartphones, and furniture and accessories. It operates stores under Get It Now, Home Choice, RimTyme, Rent-A-Center, and ColorTyme banners. The company sells merchandise of various brands such as LG, Samsung, Sony, Whirlpool, HP, Acer, Apple, Asus and Frigidaire, among others. It also provides merchandise to customers who do not qualify for financing from the traditional retailer with an option to pay on weekly, bi-weekly, semi-monthly or monthly basis. The company operates in the US, Mexico, and Puerto Rico. Upbound is headquartered in Plano, Texas, the US.
Upbound Group Inc premium industry data and analytics
Products and Services
Products | Brands |
---|---|
Consumer Electronics: | Rent-A-Centre |
Televisions | ColorTyme |
Video Game Consoles | RimTyme |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Corporate Changes/Expansions | In July, the company opened new store in Clinton, Utah, the US. |
2023 | Contracts/Agreements | In June, the company’s virtual financial solutions, Acima Leasing, entered into an multi-year agreement renewal with Big Brand Tire & Service. |
2023 | Contracts/Agreements | In May, the company entered into an agreement with Genesis Financial Solutions, Inc., to provide credit solutions to qualified customers. |
Competitor Comparison
Key Parameters | Upbound Group Inc | Best Buy Co Inc | The Aaron’s Co Inc | Big Lots Stores Inc | H.H. Gregg Inc |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Plano | Richfield | Atlanta | Columbus | Indianapolis |
State/Province | Texas | Minnesota | Georgia | Ohio | Indiana |
No. of Employees | 12,970 | 90,000 | 9,071 | - | - |
Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Jeffrey J. Brown | Chairman | Executive Board | - | 62 |
Mitchell E. Fadel | Director; Chief Executive Officer | Executive Board | 2018 | 65 |
Fahmi Karam | Chief Financial Officer; Executive Vice President | Senior Management | 2022 | 43 |
Ann L. Davids | Chief Customer Officer; Chief Marketing Officer; Executive Vice President | Senior Management | 2018 | 54 |
Sudeep Gautam | Executive Vice President; Chief Technology and Digital Officer | Senior Management | 2023 | 52 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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