Rent-to-own News

Rent-to-own News - RENT-2-OWN Stores balance success, conscience

December 28, 2011

It happened a week later than usual. But the number was 25 percent greater than what the boss, Mike Tissot, expected. And when he’s surprised, you know that’s a big number.

For the past several years, Bainbridge, Ohio-based Countryside Rentals’ RENT-2-OWN stores have selected a week in December during which a percentage of deliveries or growth in potential rent has been given to charitable causes.

This year, Tissot’s pledge was that 25 percent of the potential rent gain during the week leading right up to Christmas would be spread among four organizations important to him and the company.

“This is a very healthy donation to four of the best places I can think of that do some great work,” said Countryside President Michael Tissot.

What no one could have predicted was a week that turned out to be not only the most profitable in RENT-2-OWN history, but one that also resulted in the  company's largest ever charitable commitment.

Receiving organizations include:

1) SATH—Kamp Dovetail

"Supplementary Assistance to the Handicapped.  A great camp for developmentally disabled kids, at which many of our employees have volunteered over the past few years," Tissot said.

2) Butler Springs Christian Youth Camp

"They change lives there all summer long. Many employees sent their kids there last year, and many will do it this coming year.  What a safe and awesome place to draw nearer.  They too, are in need of support to help keep their mission alive."

3) St. Judes

"The world’s leading children’s research hospital. They are literally curing cancer. No one pays to go there, and medical research is not cheap."

4) Shriner’s Children’s Hospitals

"Children with orthopedic conditions, burns, spinal cord injuries, and cleft lip and palate are eligible for care and receive all services in a family-centered environment, regardless of the patients’ ability to pay. This organization has also had a direct impact on the lives of some of our team members.”

Each of the 28 r2o store managers was asked to select one of these groups as the recipient of the cash equivalent of a quarter of their store’s potential rent gain.




 

About APRO
The Association of Progressive Rental Organizations is the official voice of the rent-to-own industry and the most accurate and trustworthy source of rent-to-own news in the industry. Founded in 1980, APRO is the national, nonprofit trade association advocating and representing the rent-to-own industry before the U.S. Congress, state legislatures, courts, media and the public.

For more information, visit www.rtohq.org.




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RTOHQ: The Magazine
RTOHQ: The Magazine is the Association of Progressive Rental Organizations' award-winning rent-to-own industry magazine, and it's available here.

CLICK HERE FOR OUR DIGITAL RTOHQ: THE MAGAZINE

 

RTOHQ: The Magazine’s upgraded digital format

APRO's new, mobile-ready magazine is now available in addition to our print edition. The digital format provides the same informative content as our printed magazine, but also offers tools to make the reading experience more enriching. Access the table of contents page with one click or tap. Get additional information from advertisers by clicking on the links in their ads. The interface is easy to navigate and requires no special app—read our magazine on your computer, digital table or smartphone. Click here to access the digital version of RTOHQ: The Magazine March-April 2012.

 

 

A New Rent-to-Own Experience

by Neil Ferguson

Here’s the lowdown on APRO’s 2012 Convention and Trade Show, July 24-26 in Memphis. The RTO industry’s big event will offer many valuable experiences, including insights on how to turn your stores into “experiences”–the good kind for consumers

 

Who Is Your Competition?

by Bill Keese

In order to expand your customer base, you can learn a lot by observing your competitors. But first, you need to figure out just who they are. If you think your only competition is the rent-to-own store down the street, you’re not considering the bigger picture. APRO’s executive director offers a big-picture perspective.

 

A Review of Online Customer Complaints

by Ed Winn III

While rent-to-own companies have not cornered the market on negative reviews posted on consumer complaint websites, it’s no surprise that there are cyberspace beefs against RTO. APRO’s general counsel reviews some of them in search of a pattern and he considers appropriate response to online complaints.

 

Rent-to-Own Families, Part VIII

by Kristen Card

Our series of family-run rent-to-own businesses continues with profiles of the Homeiers in Kansas and two Texas-based sets of kindred colleagues, the Spangles and the Weisblatts.

 

 

Future issues of APRO's magazine will be available in this same new format. Click here to access past issues that are not yet archived in the new interface.

 

Association of Progressive Rental Organizations
1504 Robin Hood Trail
Austin, Texas 78703
800/204-2776, ext. 103
Fax 512/794-0097