Short-term teams yield long-term results

Milite, George
September 1995
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.'


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  • 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.

  • Rent-Way revenues up; losses mount.  // Furniture/Today;8/27/2001, Vol. 25 Issue 50, p58 

    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.

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

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  • 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 

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