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Rent-A-Center Raises $114,000 for North Texas Food Bank

PLANO, Texas–(BUSINESS WIRE)–Rent-A-Center, Inc. (NASDAQ/NGS:RCII), a leader in the rent-to-own industry, donated $114,000 last week to the North Texas Food Bank at a closing ceremony in its corporate headquarters.
The check donation was the culmination of a month-long coworker giving campaign whose theme was the 1950s inspired “RAC Around the Clock to Stop Hunger” and included a hula hoop contest along with other fundraising activities like raffle items, a Ping-Pong tournament and Creole cuisine. Coworkers raised a combined $64,000 with Rent-A-Center, Inc. matching up to $50,000. Rent-A-Center coworkers have been donating to the food bank since 2003. This year’s donation brings the total to more than $1 million over the course of 14 years. “The North Texas Food Bank says one dollar buys three meals,” said Gina Hethcock, Senior Manager of Public and Community Relations at Rent-A-Center. “If you do the math, we just provided every person in a town, like say Frisco, not one, but two meals today.” According to the North Texas Food Bank, there are more than 835,000 food insecure people across its 13-county service area – including one in every four children. “Year after year, the entire team at Rent-A-Center showcases such enthusiasm and passion for the mission of the North Texas Food Bank,” said Simon Powell, Interim President and CEO of the North Texas Food Bank. “As we embark on the hungriest season, we know that there will be many children and families that will face tightened budgets. We know these generous funds from Rent- A-Center employees will help us in the important mission of putting food on the table for people in need.” The North Texas Food Bank (NTFB) is a top-ranked nonprofit hunger-relief organization with its primary distribution center in Southwest Dallas, and administrative headquarters located in the Dallas Farmers Market. NTFB provides access to more than 190,000 meals for hungry children, seniors, and families through a network of more than 1,000 programs and more than 200 Partner Agencies. A rent-to-own industry leader, Plano, Texas-based, Rent-A-Center, Inc. is focused on improving the quality of life for its customers by providing them the opportunity to obtain ownership of high-quality, durable products such as consumer electronics, appliances, computers, furniture and accessories, under flexible rental purchase agreements with no long-term obligation.
Contacts Rent-A-Center, Inc. Gina Hethcock, 972-801-1424 Sr. Manager, Public and Community Relations

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