 APRO: The Official Voice of the Rent to Own Industry
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 Rent-to-own News
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Rent-to-own News - ArchBrook Laguna merges with I. Lehrhoff & CompanyArchBrook Laguna, a key consumer electronics distributor announced today it will merge with I. Lehrhoff & Company, a privately-held small appliance and houseware distributor.
Under the agreement, I. Lehrhoff & Company will continue operating as a wholly-owned subsidiary of ArchBrook Laguna, under the leadership of the I. Lehrhoff executive team.
“Our merger with I. Lehrhoff is a natural evolution of our strategic alliance that now spans over five years,” said Peter Handy, Executive Vice President, ArchBrook Laguna. “The breadth and depth of our product line, coupled with the I. Lehrhoff portfolio, will allow us to grow vertically with products and customers that entirely complement one another.”
“This merger is a significant step to take our company to the next level of performance,” said Arthur Lehrhoff, chief executive officer, I. Lehrhoff & Company. “For over 90 years, my family has led this company and will continue to provide the necessary leadership for our growth under the ArchBrook Laguna banner.”
The firm will remain in New Jersey and leverage the national scope of the ArchBrook Laguna fulfillment and distribution systems. It will be renamed Lehrhoff ABL, LLC and remain under the stewardship of Arthur Lehrhoff and Daniel Lehrhoff who will continue as CEO and President, respectively.
About I. Lehrhoff & Co.:
I. Lehrhoff & Co, Inc., was founded in 1918 as an advertising specialty and incentive firm. Today, the company’s primary business is the distribution of small appliances, housewares, personal care products, shavers, clocks, seasonal products, floor care, electronics, and various other related products.
About ArchBrook Laguna:
ArchBrook Laguna is a total solutions provider supplying consumer electronics and computer products to the nation's most successful retailers. With more than twenty years of experience in the industry and an intimate understanding of customers’ business needs, ArchBrook Laguna’s expertise encompasses several facets of the business support beyond mere distribution. More information is available at
http://www.archbrooklaguna.com
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2012 APRO Dave Egan
Legislative Conference
April 17-19, Washington, D.C.
Mark your calendars!
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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. | |||
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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 November-December 2011.
Marketing Matters This year marks the launch of a marketing campaign initiated by APRO to build the rent-to-own customer base. It will be a multi-year endeavor employing multiple strategies. In this and upcoming issues of our magazine, we will address the many facets of marketing that affect our industry.
Striving for an A with the BBB by William E. Freeland Consumers often refer to the Better Business Bureau's ratings to help them make rental and purchasing decisions. National Rent-to-Own's human resource manager outlines the steps every RTO company should pursue to help earn an A+ from the BBB.
Creating an Extraordinary Customer Experience by Bill Keese Apple does it. Southwest Airlines does it. Can the rent-to-own industry also garner a national reputation for exceptional service and, in the process, attract new customers?
BB and BBQ on Beale Street Memphis' reputation for tremendous food, groundbreaking music and Southern charm is well deserved. It's not too early to start planning your trip there next July for APRO's 2012 Rent-to-Own Convention and Trade Show.
Card Talk by Ed Winn III Credit and debit card payments are on the rise in rent-to-own. So are the risks in keeping such transactions secure.
Rent-to-Own Families, Part VI by Kristen Card No, you're not seeing double, or are you? Our latest profiles of kindred colleagues include two sets of twins-the Botkins and the Kimbles. And in Kansas, a son and daughter help their dad keep business running Strong.
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.
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Association of Progressive Rental Organizations 1504 Robin Hood Trail Austin, Texas 78703 800/204-2776, ext. 103 Fax 512/794-0097 |