Aaron's

Aaron's, Inc. is a leading American retailer specializing in lease-to-own and retail purchase solutions for furniture, electronics, appliances, and other home goods. Established in 1955 by R. Charles Loudermilk, the company is headquartered in Atlanta, Georgia.

Operating under several brands—including Aaron's, BrandsMart U.S.A., BrandsMart Leasing, and Woodhaven Furniture Industries—Aaron's offers a diverse range of products and services.

Through its approximately 1,210 company-operated and franchised stores across 47 states and Canada, as well as its e-commerce platform, the company provides customers with flexible lease-to-own options for a variety of home furnishings and electronics.

Expansion and Acquisitions

In addition to its lease-to-own services, Aaron's expanded its retail presence by acquiring BrandsMart U.S.A. in April 2022. BrandsMart U.S.A. is a regional appliance and consumer electronics retailer with 12 stores in Florida and Georgia.

This acquisition enhanced Aaron's ability to offer a broader selection of products to its customers.

Manufacturing Division

The company's furniture manufacturing division, Woodhaven Furniture Industries, produces a variety of upholstered furniture. This contributes to Aaron's comprehensive product offerings and strengthens its position in the market.

Company Size and Employees

As of 2020, Aaron's employed approximately 9,400 individuals and operated 1,340 stores. These stores comprise 1,092 company-operated locations and 248 independently owned and operated franchised stores across 43 states and Canada.

Community Commitment

Aaron's is committed to community engagement through initiatives like its partnership with the Boys & Girls Clubs of America. This program supports academic success, career preparation, and community service for young people aged 14 to 18.

Recent Changes

In October 2024, IQVentures Holdings, LLC, a fintech company, acquired The Aaron's Company, Inc., marking a new chapter in the company's history.

Locations

• Hammond, IN, USA
• Bridgeport, CT, USA
• Phoenix, AZ, USA

With a rich history spanning over six decades, Aaron's continues to provide accessible and flexible solutions for customers seeking quality home furnishings and electronics.