# Aaron's

Canonical: https://web4.xpay.bi/en/wiki/wp-en-1236852/

Language: en

Published: 2026-10-25T22:20:31.912Z

Updated: 2026-10-25T22:20:31.912Z

The Aaron's Company, Inc., commonly known as Aaron's, is an American lease-to-own retailer. The company focuses on leases and retail sales of furniture, electronics, appliances, and computers. The company sells through company-operated and franchised stores and its e-commerce platform.

## Key facts

## Overview

The Aaron's Company, Inc., commonly known as Aaron's, is an American lease-to-own retailer. The company focuses on leases and retail sales of furniture, electronics, appliances, and computers. The company sells through company-operated and franchised stores and its e-commerce platform.

## Locations

As of 31 December 2020, the Aaron's Company has 1,340 stores: 1,092 company-operated stores (in 43 states and Canada) and 248 independently owned and operated franchised stores in 35 states and Canada.

## History

Aaron Rents, Inc. was founded by R. Charles Loudermilk, Sr. in 1955. In September 2008, Aaron's announced the sale of its Corporate Furnishings division to CORT Business Services, part of Berkshire Hathaway. Aaron's Corporate Furnishings division, which operated 47 stores, recorded revenues of approximately $99 million in 2007. As of December 31, 2016, Aaron's had 1,864 stores located in 28 states and the District of Columbia and Canada. In addition, they had 699 independently owned franchised stores in 46 states and Canada. On July 29, 2020, Aaron's Holdings Company, Inc. announced plans to split into two companies: PROG Holdings, Inc. and The Aaron's Company, Inc. PROG Holdings, with the ticker symbol "PRG", remained in the S&P Midcap 400 stock index but its Global Industry Classification Standard was changed to "Consumer Finance". The Aaron's Company continued to trade under the ticker symbol "AAN" but was moved into the S&P Smallcap 600. In April of 2022, Aaron's purchased Brandsmart USA, a regional appliance and consumer electronics retailer, for $230 Million. On October 3, 2024, IQVentures completed the acquisition of the firm for approximately $504 million.

## Controversy

In February 2013, customers sued Aaron's for allegedly using spyware on rented computers to send over 185,000 emails to the rental company, including customers' Social Security numbers, passwords and captured keystrokes, as well as explicit images.  The Aaron's Company officials had previously said that the company had not installed the spyware, and individual franchisees were responsible. In October 2013, Aaron's agreed to a settlement with the Federal Trade Commission that limited how it used monitoring technology and ordered it to delete customer information that had been improperly collected.

## See also

List of S&P 600 companies Furlenco

## Sources

Plunkett, Jack W. (December 2007). Plunkett's Retail Industry Almanac 2008. ISBN 978-1-59392-101-9.

## External links

Official website

Business data for Aaron's:  Aaron's Rent to Own and Lease Ownership website Home Staging by Aaron's Archived 2019-05-11 at the Wayback Machine - Home Staging Furniture Fulfilled by Aaron's HOMESMART Archived 2012-12-28 at the Wayback Machine - Subsidiary of Aaron's Inc. Aaron Inc SEC Filings

## Sources

- Aaron's · Wikipedia: https://en.wikipedia.org/?curid=1236852

Source: Wikipedia contributors — https://en.wikipedia.org/?curid=1236852&oldid=1363347475

Licence: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/

Adaptation notice: Reformatted for XPay; the source may be abridged, restructured or translated. Consult the cited revision for the original.