Rent-to-own News

Rent-to-own News - New Majik RTO opens in Huntingdon, PA

February 2, 2010

Huntingdon Mayor Dee Dee Brown, center left, helps cut the ribbon on the new Majik Rentals store in her city.

Lancaster-based Majik Rentals and Sales officially opened its fifth rent to own location in Huntingdon, Pennsylvania yesterday. The stores ribbon cutting ceremony was highlighted by a $4,000 contribution to a local charitable organization.

Majik, which first opened for business in 1984 also has stores in Lancaster, York, Harrisburg and Columbia, Pennsylvania.

"We've see a lot of business in this first week," Dan Fisher, vice president of Majik Rentals told the local Daily News. "(At the other stores) it was more of a slower buildup. There certainly wasn't the word of mouth from everybody, from the residents to the mayor to the area restaurants. Its been very positive."

Fisher said he plans to open two or three more Majik Rental locations within a 45 minute radius of the Huntingdon locations.

During the grand opening, Barb Wakefield, manager of Majik Rentals and Sales, Huntingdon, presented Deb Johnston, counselor advocate for the Huntingdon House -- a local abuse shelter -- with a contribution of $4,000 toward the purchase of furniture.

About APRO
The Association of Progressive Rental Organizations is the official voice of the rent-to-own industry and the most accurate and trustworthy source of rent-to-own news in the industry. Founded in 1980, APRO is the national, nonprofit trade association advocating and representing the rent-to-own industry before the U.S. Congress, state legislatures, courts, media and the public.

For more information, visit www.rtohq.org.

APRO's 2010 Legislative
Conference!

We would like to
thank our attendees
for a great success!

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From the TARA Exhibit Hall and Training Sessions Album
Jim Van Tighem, Dan Ross
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RTOHQ: The Magazine
RTOHQ: The Magazine is the Association of Progressive Rental Organizations' award-winning rent-to-own industry magazine, and it's available here.

Click the links below to download each article as a PDF

Complete issue of RTOHQ: The Magazine | January-February 2010
Download the entire January - February 2010 issue of RTOHQ: The Magazine by clicking on the link above (PDF).

The Year of the Tiger
by Kristen Card

According to Chinese astrology, the Year of the Tiger begins in February 2010. Tiger John Cleek is making the most of it as he winds down his two-year term as APRO’s president. He reflects on personal and industry-wide accomplishments and the love of family that sustains him.

Following the Leaders

In the 30-year history of the Association of Progressive Rental Organizations, 17 rental dealers have served as president. To mark APRO’s special anniversary, 15 of these leaders share their experiences in helping to shape the rent-to-own industry.

The Keep Rate Conundrum
by Ed Winn III

Calculating keep rate does not seem to improve the rent-to-own business in any discernible way—and yet this calculation, beyond all the others, has had enormous legal and political implications for rent-to-own almost since its inception.

Vendor Spotlight: What's in a Name?
by Neil Ferguson

These three departed rent-to-own vendors--Joe Eason, Tom Kitchens and Norm Smith--live on, their names indelibly linked to key industry events and honors.

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Association of Progressive Rental Organizations
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Austin, Texas 78703
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Fax 512/794-0097