RTO Enterprises chain maintains lead as Canada's top RTO player

Article Abstract:

RTO Enterprises is the top rent-to-own chain in Canada, with 148 stores operating in 80 cities and nine provinces in Canada. The company is expected to exceed C$80 million in revenue in 1998, an increase of $56 million from the previous year. RTO has expanded through acquisitions that gave it several identities and is operating under banners, RTO Centres Rent To Own, Rentown, First Choice Rent To Own and North American TV and Appliance Rental. For 1998, the company intends to focus on increasing revenue of its development-stage stores and do away with those stores' operating losses.

Comment:

Is top rent-to-own chain in Canada, with 148 stores operating in 80 cities and nine provinces in Canada

Strategy & planning, Furniture Leasing & Rental, All Other Consumer Goods Rental, RTO Enterprises, Furniture rental, Article

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Computer tags aid Home retailers

Article Abstract:

Home Furniture Stores' independent retail members will be able to provide their clients with pay-now or pay-later pricing through the former's computer-based tagging system that operates with Microsoft Office, Access 97 and Windows 95. The new program, designed in-house and links directly into Home Furniture's system, also assists the retailers in tag ordering and inventory control.

Marketing procedures, Electronic Shopping and Mail-Order Houses, Mail Order Houses

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