I don’t want to spread negative thoughts at this time, but to tell you the truth, I really don’t see any way RAC can survive this economic environment. I mean let’s be realistic, much bigger and much more organized companies are crumbling within the... — read more
Topics regarding layoffs at Rent-A-Center Inc.
People do not have money nowadays. My sister and her husband were laid off last week. He's an assistant manager (or he was) at a small hotel and she was working scheduling for a large restaurant chain. Many families strugle like this. They have two... — read more
A 5 year delivery driver for the company here! Let me tell you something no regard for are health and safety from this deadly virus! Until just 2 days ago we finally closed are doors and stopped deliveries which I have continued to do! But... — read more
If you would drop prices, you would sell more. Highest rental company out there. If you're busy, maybe no layoffs.
This place has been a joke for a long time. They do not care for their employees at all! Everyone is treated as a number. They could care less about your tenure with the company. I wasted 17 years of my life for a company that could care less about... — read more
This company is doing some shady sh– to stay open finding loopholes identifying as a “financial institution” to stay open. They don’t care about us frankly if they did close they’d go bankrupt before we’d be allowed to open again the company has... — read more
I have worked here for a year and half. No raise since I started. I am a Sales AM. They only care about numbers. Their answer to Covid 19 is you can voluntarily Resign if you need to be home because you are sick or need to take care of kids or... — read more
It’s not an essential people don’t need us for Daily living get that through your heads I’m not leaving my house to go into someone else’s house to get more exposed
Someone report Rent-A-Center
Corporate planning and store level employees are finding that they now have an important service to provide for our customer base. Mission moment. Let us keep the doors open, beds, stoves and fridges, laundry sets, computers and tvs, phones, get... — read more
This will be a major problem. People are running out of money and credit lines. I do not like this situation at all.
Some real bad timing for rac on the stock market. What will customers do with the tax return $$$, pif or keep renting? My money is on return and save the money while reducing their debt. Rac is in for a bad 2nd qtr. Dont forget about high... — read more
What's our next step? What needs to be done?
Expecting revenue of $2.755B-2.875B vs Wall Street $2.733B with Acceptance Now doing $860-910M and Core US $1.755-1.825B (this assumes low-single digit same store sales which may be tough?)
Aarons is taking a big hit, rcii will follow! You dont need tea leaves to figure this one out. Aarons is far btter than rent a center, protect your hard earned money!
Rent-A-Center (NASDAQ:RCII) stock drops amid talk that regulators in California would have oversight over the rent-to-own industry under proposed new legislation. Other states could follow the lead of California down the road. Rent-A-Center is off... — read more
Is this the biggest location you have? How many employees are at Plano?
If the market makes a turn soon, do you think there will be Rent-A-Center Layoffs 2020? Any news or rumors?
How many field support employees remain in plano?
Ok so I used to work in the Baton Rouge La district and I want to let you know how RAC puffs up those numbers to look good. We will have a "sales event" that is letting customers start a new rental for just $10 down. That will make their due date... — read more
If you don't like the way that RAC makes you pay your bill, or you just want something free, call the 1800 and complain. Better yet give a bad score on the VOC and you can get whatever you want. Want a month a free time, granted...only have $50 to... — read more
Does anyone know how soon?
RAC HQ is up for grabs and on the market. After ALL the layoffs looks like RAC needs to downsize office space. What's next?
I don't understand how skip/stolen was 3.2% this quarter vs last year 3.1% if online (i think this is riskier) was up 38%. Any thoughts?
All this negativity and that release says we're doing great. We're turning around a corner so let's stop the negativity
So yesterday I was demoted from a DM yo store manager even though I was producing numbers and trending positive. Wanna know why? Be one of my coworkers requested a work accommodation. I am now working under the DM I trained. Watch out cause snakes... — read more
After we went to six months same as cash, we got a bump but now things are slowing down. Do you think corporate would go back to using part-time? Some of us are worried how things (hours, etc.) could change if this keeps going.
Just heard that everyone in another department will be let go soon. The people at the very top really dont care about you as it they will continue to cut down the n headcount to make their numbers. Better start using your PTO and vacay days as I... — read more
When are they closing locations and what locations are on the chopping block. I'd like to find: location number of people laid off dates for closure reasons for closure the plans for leases and real estate Anyone has more info on what locations are... — read more
Does anyone know what company is doing all the repairs for RAC after they closed all of the repair centers?
Hedge fund said RAC would be worth $39 by the end of the year.
First test for new and improved rac, can they hit credit on Easter weekend (the right way)or will they not improve the lives of their customers and coworkers? Aarons get ready for some new customers!
It's been interesting reading the messages on this board and I sincerely hope either things turn around or you can find a better opportunity. I'm neither long nor short the stock, and came across the company while reading about the Vintage deal so I... — read more
Success can be had in this business if you do it the right way. The right way is usually ignoring what upper management says and to do it the way you would had you owned the store. I have had many years of success and have given myself and my... — read more
I know there's been a lot of negativity lately, and for good reason. My store is doing okay, but I have my concerns. I guess for the company overall, the majority of costs that can be cut have already been cut. I think. I don't know how many stores... — read more
Can't really say much about whats going to happen in may, saw a comment on here mentioning it and decided to raise awereness of something really bad coming down the pipeline to everyone... Reason? Well it's high up the ladder. The Big guys read these... — read more
They cheat to hit the numbers. You know how this ends.