Market Overview

Rent-A-Center Donates Furniture to Harvey-Affected Houston, Sends Water and Supplies to Coworkers Affected by Hurricane Maria


, (RAC) a rent-to-own industry leader, recently furnished 44
one-, two- and three-bedroom apartments, teaming up with Houston's Tarantino
Inc., a management firm offering low-rent apartments to
those displaced after Hurricane Harvey.

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Rent-A-Center coworker delivers donated furniture to apartments where Harvey evacuees are being plac ...

Rent-A-Center coworker delivers donated furniture to apartments where Harvey evacuees are being placed. (Photo: Business Wire)

After assessing available apartments, Tarantino worked quickly to
contact several companies for discounted furniture packages. When they
called Rent-A-Center, corporate leaders offered to instead donate the
furniture to help those hit hard by the flooding.

"We have furnished all the apartments to the point where they are now
move-in ready so people can walk through the door with nothing but the
clothes on their back," said Jonathan Parks, V.P. of Logistics and
Distribution for RAC. "As a former Houstonian, I am thrilled that we as
a company are able to help in a dire time of need."

Earlier this month RAC also shipped two ocean containers with 40,000
bottles of water and much needed food and supplies to Puerto Rico to aid
coworkers affected by Hurricane Maria. The ocean containers, which
arrived last week, were distributed amongst all coworkers immediately to
help meet their needs.

Rent-A-Center also teamed up with Caribbean Shipping Services to support Hunger
, a non-profit based in Florida that provides pre-packaged,
nutritionally balanced meals to those in need. Rent-A-Center coworkers
from Jacksonville, Fla., helped package the meals and load them on ocean
containers heading to Puerto Rico. As of today, about 30,000 packaged
meals were en route.

"On behalf of all Puerto Rico coworkers, MUCHAS GRACIAS," wrote Efrain
Maldonado, Regional Director for RAC Puerto Rico, in an email to company
leadership. "Our coworkers truly appreciate the fact that our company
has continued our full pay since the hurricane, even though most of our
stores were damaged and very few are open 4 weeks later. Everywhere I go
I let people know what RAC has done for me and my team. People need to
know that this is a great company and we live by our mission. Our road
to recovery has begun. Like I tell my coworkers, ‘One day at a time.'"

About Rent-A-Center

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 under flexible rental purchase agreements with no
long-term obligation. For additional information about the Company,
please visit our website at

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