Aaron’s Inc. is reporting that a number of its businesses in the path of Hurricane Irma’s destruction have experienced significant interruptions or are temporarily closed. The company’s Progressive Leasing has been affected by the closures and interruptions of their retail partners, while 111 of Aaron’s retail stores located in Florida, Georgia, and South Carolina have closed. Due to the extensive damages caused by Irma and Harvey, Aaron’s currently is unable to determine when operations will return to normal, but it expects to be in a better position to assess the financial impact of the storm in the coming weeks and will provide an update during its third quarter earnings call.
“While many of our markets thankfully avoided the full brunt of Irma, the massive storm did disrupt our operations in several important southeastern states,” says John Robinson, CEO of Aaron’s. “We are continuing to closely monitor the situation as our stores and retail partners get back to normal operations. Our thoughts and prayers remain with the victims of the recent storms in Florida and Texas.”
Mike Tissot
Countryside Rentals Inc., dba Rent-2-Own
Mike grew up in the rent-to-own industry under the guidance of his father, former APRO President and RTO legend Darrell Tissot. For nearly 25 years, Mike’s innovative leadership has helped expand the family business to more than 40 stores across Ohio and Kentucky while also shaping the industry as a whole.
He has served as President of the Ohio Rental Dealers Association, an APRO board member and Treasurer, and President and Treasurer of the TRIB Group. His contributions have earned him the APRO President’s Award of Excellence and the title of APRO Rental Dealer of the Year.
Outside of RTO, Mike enjoys time at the lake house or in Orange Beach, Alabama, with his girlfriend, Angela Strong McCool. A passionate Cincinnati Reds fan, he rarely misses a game, whether watching or listening alongside his parents. He also takes every opportunity to visit Arizona, where his daughter is currently attending Arizona State University.