The Consumer Financial Protection Bureau (CFPB) has accused rent-to-own company Acima of tricking customers into high-cost financing agreements. The CFPB on Friday (July 26) sued...
A tough economy hits hardest for those with lower incomes and poor to no credit, which is where rent-to-own and lease-to-own can be a lifesaver...
The rent-to-own and lease-to-own retail concepts that seem tailor made for recession-pressed consumers with subprime credit are in fact seeing their models tested by an...
Today in retail, Chewy’s stock drops to a two-year low despite record spending levels, while Five Below plans growth. Plus, Avarda embraces open banking, Lululemon...
Rent-A-Center has announced a change in management for its virtual lease-to-own operation Acima, one month after reporting disappointing Q4 results. As the Texas-based furniture, appliance...
Today in Data, Amazon and Walmart will spend much of 2022 battling for market share in telehealth, pharmacy and connected health. Plus, Rent-A-Center is struggling...
Today in retail, Planet Fitness reports a boom in members, and there is a mix of good and bad news for Bath & Body Works,...
Shares of Rent-A-Center fell nearly 40% after hours Wednesday (Feb. 23) after the Plano, Texas-based operator of 2,400 furniture, appliance and electronics rental stores reported...
Much has been written about buy now, pay later (BNPL) in recent months, and for good reason. Major payments players are stepping in, including Visa,...