Aaron’s Phone Number: US merchant Aaron’s Company offers lease-to-own options. The company’s main business is leasing and selling computers, gadgets, furniture, and appliances at retail stores. The business sells products online at Aarons.com and through company-operated and franchised storefronts.
Contents
Aaron
| Name | Aaron |
| Founded In | 19 Jun, 1955 |
| Phone Number | 1-800-950-7368 |
| Email Address | login now to view the detail |
| Twitter ID | login now to view the detail |
| Instagram ID | login now to view the detail |
| Facebook ID | login now to view the detail |
| LinkedIn Profile | login now to view the detail |
Also Read: BGE Phone Number, Digitize India, Digitize India Platform, Work From Home Jobs, Celebrity Phone Number, Digital India, Scholarship
History
Aaron’s Phone Number: US merchant Aaron’s Company offers lease-to-own options. The company’s main business is leasing and selling computers. Charles Loudermilk, Sr. established Aaron Rents, Inc. in 1955. Information about CORT Business Services, a Berkshire Hathaway affiliate, acquiring Aaron’s Corporate Furnishings became public in September 2008. In 2007, Aaron’s Corporate Furnishings division, which ran 47 locations, brought in over $99 million in revenue.
There were 1,864 Aaron’s locations as of December 31, 2016, spread across 28 states, the District of Columbia, and Canada. They also have 699 independently run franchise locations across 46 states and Canada.
The Aaron’s Company, Inc. and PROG Holdings, Inc. will become independent corporations. According to an announcement made by Aaron’s Holdings Company, Inc. on July 29, 2020. Although it was reclassified as “Consumer Finance” in its Global Industry Classification Standard. There was still PROG Holdings (NYSE: PRG) included under the ticker “PRG” in the S&P Midcap 400 stock index. Aaron’s Company was relisted on the S&P Smallcap 600, but it kept trading under the ticker “AAN” (NYSE: AAN).
Mission
The mission of Aaron’s is to give customers an easy and reasonably priced way to buy or rent superior electronics, furniture, and other consumer goods products.
Relationships with Customers
Aaron’s regularly provides in-person and online customer assistance, with the option for self-service capabilities. Salespeople at the company’s retail locations are in charge of personally handling any requests, questions, grievances, and returns of merchandise from customers.
Customers may get a variety of information on Aaron’s website, such as details about its items, store locations, return policies, and shipping choices.
Customers can manage their personal account data and obtain information about their lease agreements and purchases via the online client portal available on the company’s website.
In addition, Aaron’s is active on social media, running several accounts that allow it to share bargains. and provides direct updates to its clients, as well as responds to client comments. Additionally, the corporation updates its website with information about company advancements through a blog.
Key Resources
Aaron’s business strategy depends on its capacity to offer clients in the US and Canada dependable and reasonably priced lease-to-buy options.
The brand name and intellectual properties that the company possesses, its network of physical retail locations, its online store and IT infrastructure, its distribution and storage infrastructure, its partnerships—especially those with financing and retail partners—suppliers and supply chain, and its workforce constitute its primary resources.
The Company notably runs a network of about 1,600 stores throughout the US and Canada, as previously mentioned. Which is essential to its primary business operations.
Also Read: Lululemon Phone Number
Key Activities
Aaron’s offers lease-purchase options through multiple channels. Through its company-operated and franchised stores in the US and Canada. The company is involved in the sale, lease ownership, and speciality retailing of furniture, consumer electronics, home appliances, and accessories.
In these markets, the company currently runs about 1,600 physical stores in addition to an online sales portal called Aarons.com.
Three main business segments make up Aaron’s operations: Aaron’s Business. Which is the company’s primary retail business; Progressive Leasing, which runs a virtual lease-to-own business; and DAMI (Dent—A-Med Inc.). Which is the company’s credit solutions division for the purchase of goods.
Brands including Samsung, Frigidaire, LG, Whirlpool, Hewlett-Packard, Simmons, Philips, Ashley, and Magnavox are available at Aaron’s stores.
The company was founded in 1955, and its main office is in Atlanta, Georgia.
Revenue Streams of Aaron’s Phone Number
Through its network of stores and online sales channels, Aaron’s makes money by leasing and selling a variety of goods, such as appliances, electronics, and furniture.
Sales and lease fees paid in instalments from clients under credit agreements, along with non-retail sales and fees and royalties collected from franchise partners, are the company’s main sources of income.
Aaron’s recorded USD 3.83 billion in revenue for the year 2018. Which was a rise from USD 3.38 billion in 2017.
Lease income and fees, which came to USD 3.51 billion for the year, accounted for the majority of the company’s revenue. In addition to 44.82 million in franchise fees and royalties, the company reported no-retail sales of USD 207.26 million.
Suggested Link: Job Application, Free Computer Institute Registration In INDIA
@ROT