— Furniture Today,
\nATLANTA \u00e2\u20ac\u201d Aaron Rents said it has agreed with Briley Investments, operator of 15 Rent
\n\t\t
\nCity stores in central and west Texas, to convert eight of the stores to franchised Aaron Sales & Lease Ownership units.<\/p>\n
In addition, as part of the transaction, Briley will acquire two of Aaron\u00e2\u20ac\u2122s current company-operated stores and convert them into franchised Aaron\u00e2\u20ac\u2122s Sales & Lease Ownership units. At the same time, Aaron\u00e2\u20ac\u2122s will acquire four Briley stores and convert them into company-owned Sales & Lease Ownership stores.<\/p>\n
Once all parts of the transaction are completed by the end of November, Aaron\u00e2\u20ac\u2122s Sales & Lease Ownership will have 10 more franchised stores operated by Briley and two more company-owned stores.<\/p>\n
It is anticipated that the remaining three Rent City stores eventually will join the Aaron\u00e2\u20ac\u2122s franchise system, Aaron\u00e2\u20ac\u2122s said.<\/p>\n
Briley Investments also has entered into a development agreement to open five more franchised Aaron\u00e2\u20ac\u2122s stores in Texas in the next several years.<\/p>\n
\u00e2\u20ac\u0153We are extremely pleased to announce this store conversion transaction with Robert Briley,\u00e2\u20ac\u009d said Charlie Loudermilk Sr., Aaron\u00e2\u20ac\u2122s Chairman and CEO. \u00e2\u20ac\u0153Mr. Briley has operated stores in Texas for more than 25 years and is a very active and well respected member of our industry.\u00e2\u20ac\u009d<\/p>\n","protected":false},"excerpt":{"rendered":"
— Furniture Today, ATLANTA \u00e2\u20ac\u201d Aaron Rents said it has agreed with Briley Investments, operator of 15 Rent<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-2518","post","type-post","status-publish","format-standard","hentry","category-furniture-world-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts\/2518","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/comments?post=2518"}],"version-history":[{"count":0,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts\/2518\/revisions"}],"wp:attachment":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/media?parent=2518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/categories?post=2518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/tags?post=2518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}