
	Aaron&rsquo;s, is a leader in the sales and lease ownership and specialty retailing of residential furniture, consumer electronics, home appliances and accessories with more than 2,000 Company-operated and franchised stores in 48 states and Canada. Founded in 1955 by entrepreneur R. Charles Loudermilk and publicly traded since 1982, Aaron&#39;s was a pioneer in the furniture rental industry.
	
	There are two operating divisions of Aaron&rsquo;s: sales and lease ownership and manufacturing. The Aaron&#39;s Sales &amp; Lease Ownership division is the largest and fastest growing division, serving credit-constrained consumers in need of basic home furnishings, appliances and electronics. Customers range from white-collar professionals and blue-collar workers to young couples and retirees.
	
	At September 30, 2012, the Company had 1,190 Company-operated Aaron&#39;s Sales and Lease Ownership stores, 717 Aaron&#39;s Sales &amp; Lease Ownership franchised stores, 78 HomeSmart stores, one franchised HomeSmart store, 17 Company-operated RIMCO stores, and six franchised RIMCO stores. The total number of stores open at the end of September 2012 was 2,009.
