TITLE

Rentcash to sell or spin off Insta-rent

AUTHOR(S)
Knell, Michael J.
PUB. DATE
September 2006
SOURCE
Furniture/Today;9/11/2006, Vol. 31 Issue 2, p38
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of Rentcash to sell or spin off its Insta-rent division which rents furniture, appliances, electronics and computers with or without an option to purchase. Gordon Reykdal, Rentcash chairman, explains that the move will enable the company to provide better clarity on both business models and have a positive long-term impact on shareholder value. The division has focused on improving the performance of existing stores.
ACCESSION #
22316557

 

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