Rent-to-own News

Rent-to-own News - Local ColorTyme teams up to provide food for local charity

December 21, 2010

The ColorTyme rent-to-own franchise in Lexington and its neighboring grocer, Save-A-Lot, recently joined to spread goodwill for the holidays. Thanks to their partnership, ColorTyme delivered approximately 6,000 pounds of donated food to The Nest, a non-profit center for women, children and families.


Happy to have been a part of the giving effort, Jeremy Rhodus, ColorTyme store manager, said the contribution was the right thing to do.


“No family should ever be without food, especially during the holidays,” he said. “With Save-A-Lot’s generous donation, we filled an entire box truck with groceries. It’s a good feeling to know the food will provide meals for hundreds of families at The Nest and help make it a nice Christmas for them.”


The Nest is a social service agency that provides a safe, accessible and healing environment for children, while developing the strength and self-sufficiency of women and families through education, support, counseling and advocacy. Shawn DiLeo, franchisee of the ColorTyme store, said the donation will be an annual tradition.


“This is the start of something big for ColorTyme, Save-A-Lot and members of this community,” DiLeo said. “At ColorTyme, helping others is a core part of our business, and we are always willing to support people in times of need. We look forward to donating our time and feeding families though this partnership for many years to come."
 
The participating ColorTyme and Save-A-Lot stores are located on Winchester Rd. in the Eastland Shopping Center.

ColorTyme, Inc., founded in 1979, is America’s oldest franchisor of independently owned-and-operated rent-to-own stores. ColorTyme franchisees operate 195 rent-to-own stores in 33 states, and the company’s custom-wheels-and-tires franchise brand, RimTyme, operates 21 stores in 11 states. ColorTyme is headquartered in Plano, Texas, and is an independent, wholly owned subsidiary of the largest RTO company in the world, Rent-A-Center (NASDAQ: RCII).

About APRO
The Association of Progressive Rental Organizations is the official voice of the rent-to-own industry and the most accurate and trustworthy source of rent-to-own news in the industry. Founded in 1980, APRO is the national, nonprofit trade association advocating and representing the rent-to-own industry before the U.S. Congress, state legislatures, courts, media and the public.

For more information, visit www.rtohq.org.




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RTOHQ: The Magazine is the Association of Progressive Rental Organizations' award-winning rent-to-own industry magazine, and it's available here.

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APRO's new, mobile-ready magazine is now available in addition to our print edition. The digital format provides the same informative content as our printed magazine, but also offers tools to make the reading experience more enriching. Access the table of contents page with one click or tap. Get additional information from advertisers by clicking on the links in their ads. The interface is easy to navigate and requires no special app—read our magazine on your computer, digital table or smartphone. Click here to access the digital version of RTOHQ: The Magazine March-April 2012.

 

 

A New Rent-to-Own Experience

by Neil Ferguson

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Who Is Your Competition?

by Bill Keese

In order to expand your customer base, you can learn a lot by observing your competitors. But first, you need to figure out just who they are. If you think your only competition is the rent-to-own store down the street, you’re not considering the bigger picture. APRO’s executive director offers a big-picture perspective.

 

A Review of Online Customer Complaints

by Ed Winn III

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Rent-to-Own Families, Part VIII

by Kristen Card

Our series of family-run rent-to-own businesses continues with profiles of the Homeiers in Kansas and two Texas-based sets of kindred colleagues, the Spangles and the Weisblatts.

 

 

Future issues of APRO's magazine will be available in this same new format. Click here to access past issues that are not yet archived in the new interface.

 

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