Rent-to-own News

Rent-to-own News - Buddy's Home Furnishings opens in Fremont, Nebraska

March 24, 2011

 

Buddy’s Home Furnishings recently announced its expansion into the Midwest with the opening of the company's newest location in Fremont, Nebraska, just outside of Omaha.

With this newest and latest opening, Buddy’s Home Furnishings has grown to a total of 105 stores, with future openings planned in the near future.

“The Right Now Investments family is proud and excited to join Buddy’s Home Furnishings,” said Dan Espinoza, franchise owner for Right Now Investments.  “This partnership is truly a matter of what is BEST for our customers. We have the same owners, the same location, but a BETTER experience for the Fremont community!  This opportunity gives us the chance to provide a better experience than our competitors, while still maintaining our values and our operating ideals. We hope that the Fremont community looks at this as a great thing.  Buddy’s operates their business just like we do, which is all about the customer!”

Buddy’s Home Furnishings, originally known as Buddy Bi-Rite, was founded in 1961 by Mr. Norman "Slat" Slatton, Sr. Selling used appliances from his home, Mr. Slatton had a dream that one day he would have an appliance store of his own where he could service the demands of the growing Tampa area.
 
A few year's later, Mr. Slatton's dreams were realized when he opened his first appliance showroom.  Driven by an intense desire to succeed, Mr. Slatton built his business one satisfied customer at a time, and soon the Buddy Bi-Rite name became synonymous with quality appliances, low prices, and old fashioned service.
 
Over the next 15 years, Buddy Bi-Rite prospered and, by the end of the 1970's, had sold more televisions and appliances than any other independent dealer in the Tampa Bay, FL area.  In 1979, Mr. Slatton recognized that a growing number of young families were not able to purchase a new television or appliance because they either lacked good credit or were unable to come up with a large down payment.  It was at this time that Buddy Bi-Rite introduced the "Rent-to-Own" plan.
 
The overwhelming popularity of Buddy Bi-Rite's "Rent-to-Own" plan fueled the company's expansion into other towns throughout Florida, and now many other states.  Today, Buddy's Home Furnishings has stores in Florida, Georgia, Arkansas, Louisiana, Oklahoma, Kansas, Texas, New Mexico, Arizona, North Carolina and Tennessee. Future stores are being targeted in Texas and Arkansas.

For more on Buddy’s Home Furnishings, please visit www.buddyrents.com or contact Joe Gazzo.


 

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

CLICK HERE FOR OUR DIGITAL RTOHQ: THE MAGAZINE

 

RTOHQ: The Magazine’s upgraded digital format

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

Here’s the lowdown on APRO’s 2012 Convention and Trade Show, July 24-26 in Memphis. The RTO industry’s big event will offer many valuable experiences, including insights on how to turn your stores into “experiences”–the good kind for consumers

 

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

While rent-to-own companies have not cornered the market on negative reviews posted on consumer complaint websites, it’s no surprise that there are cyberspace beefs against RTO. APRO’s general counsel reviews some of them in search of a pattern and he considers appropriate response to online complaints.

 

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.

 

Association of Progressive Rental Organizations
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Fax 512/794-0097