TITLE

Rent-Way revenues up; losses mount

PUB. DATE
August 2001
SOURCE
Furniture/Today;8/27/2001, Vol. 25 Issue 50, p58
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports the business losses of Rent-Way Inc. in Erie, Pennsylvania. Impact of a typical expenses; Result of management steps to improve sales margins; Investigation of accounting irregularities.
ACCESSION #
5121386

 

Related Articles

  • Rent-Way Fiscal Q4 Sales Flat.  // TWICE: This Week in Consumer Electronics;10/11/2004, Vol. 19 Issue 21, p69 

    This article provides information on the preliminary business sales of $115.5 million reported by rent-to-purchase retailer Rent-Way in its fiscal fourth quarter in 2004, about flat with the $117.8 million recorded in the same three months in 2003. Same-store core rental business revenue...

  • Short-term teams yield long-term results. Milite, George // Supervisory Management;Sep95, Vol. 40 Issue 9, p7 

    Profiles Rent-Way Inc., a company dealing with rentals and purchases f furniture. Number of stores in eight states; Success of the company from its commitment to customers; Company's ad hoc task forces; Sending of store managers from Rent-Way stores to the new stores through a `pal system.'

  • Rent-Way rebounds to net profit.  // Furniture/Today;5/20/2002, Vol. 26 Issue 36, p38 

    Reports the growth in sales of Rent-Way Inc. in Erie, Pennsylvania. Improvement in the operating margins and earnings; Anticipation for financial recovery.

  • Rent-Way's banks agree to continue lending.  // Furniture/Today;11/27/2000, Vol. 25 Issue 12, p51 

    Reports that Rent-Way Inc.'s banks have agreed to continue lending the company. Investigation of accounting irregularities in the company.

  • Rent-Way winner dines with soap star.  // Furniture/Today;4/15/2002, Vol. 26 Issue 32, p40 

    Reports the victory of Barbara Smith in the 'Win Dinner with a Soap Star' Sweepstakes of Rent-Way in Philadelphia.

  • Rent-Way boosts finances.  // Furniture/Today;6/9/2003, Vol. 27 Issue 39, p55 

    Reports on the refinancing strategies of rent-to-own operator Rent-Way to raise its corporate credit ratings. Closure of the sale of senior secured notes; Revolving credit line attained; Sale of convertible preferred stock through a private placement.

  • Scheme costs Rent-Way $129 million.  // Furniture/Today;7/2/2001, Vol. 25 Issue 42, p34 

    Reports on the financial performance of rent-to-own furniture company Rent-Way for the fiscal year ended September 30, 2000. Net loss; Extraordinary charges related to an investigation of accounting improprieties.

  • Rent-Way's audit again delays filing.  // Furniture/Today;04/09/2001, Vol. 25 Issue 31, p134 

    Announces a delay in Erie, Pennsylvania-based Rent-Way's filing of its annual report because of the complexity of an audit resulting from an accounting scandal in 2000. Financial performance announced by the rent-to-own retailer; Steps taken by the company to prevent similar accounting scandals...

  • Rent-Way charge nearly double original estimate.  // Furniture/Today;05/28/2001, Vol. 25 Issue 37, p46 

    Reports on the financial performance of Rent-Way Inc. in the second quarter of 2001. Accounting irregularities in the company; Delays in the filing of the annual report of the company.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics