Rent-A-Center, Inc. Promotes Ross Beaton from Senior Director to Vice President of Real Estate
January 05, 2018
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Rent-A-Center, Inc. announced that Ross Beaton was promoted from Senior Director to Vice President of Real Estate. Beaton is responsible for the direction and overall management of the development department, which includes market planning, geographic information systems, real estate, lease administration, design, construction, and facilities. Beaton joined Rent-A-Center in 2001 in business development and assumed a leadership role in the development department in 2014 to establish a newly formed market planning function. Under his direction the department implemented data-driven processes to improve real estate strategy and delivered significant annual cost savings through program enhancements. Prior to working at Rent-A-Center, Beaton led international business development at FedEx Office.
Upbound Group, Inc. is a lease-to-own provider with operations in the United States, Puerto Rico, and Mexico. The Company operates through four segments: Acima, Rent-A-Center, Mexico, and Franchising. Acima segment generally offers lease-to-own transactions to consumers who do not qualify for traditional financing. Rent-A-Center Business segment consists of the Company-owned lease-to-own stores in the United States and Puerto Rico. The segment operates 1,839 company owned stores in the United States and Puerto Rico, including 52 retail installment sales stores under the names Get It Now and Home Choice. The segment operates approximately 131 stores in Mexico. The stores in its Franchising segment use its Rent-A-Center, ColorTyme or RimTyme trade names, service marks, trademarks, and logos. The segment franchises approximately 440 stores in 30 states operating under the Rent-A-Center (392 stores), ColorTyme (18 stores) and RimTyme (37 stores) trade names.