Aaron's, Inc. Common Stock (AAN)

Competitors to Aaron's, Inc. Common Stock (AAN)

Bob’s Discount Furniture

While Bob's Discount Furniture primarily operates as a retail furniture store, they offer financing options that can attract customers looking for budget-friendly solutions. They compete indirectly with Aaron's by providing low-cost furniture with the option to finance purchases through credit. Bob’s has increasingly focused on online sales, potentially posing a challenge to Aaron's traditional rent-to-own business model, which relies heavily on in-store experiences.

Conn’s, Inc. 

Conn's, Inc. focuses on selling furniture and appliances along with electronics, catering to customers who may require financing to make purchases. They compete with Aaron's through similar financing options but are more retail-oriented compared to Aaron's rent-to-own model. Conn's is also experiencing growth in its online sales channel, which can attract customers away from traditional rent-to-own options, giving them a moderate competitive advantage.

FlexShopper 

FlexShopper operates in the rent-to-own market but primarily focuses on facilitating lease-to-own options for online shoppers, allowing consumers to rent various items via e-commerce platforms. This focus on technology and online processes gives them a competitive advantage over Aaron's, which has a strong in-store presence. As more consumers shift to online shopping, FlexShopper's innovative approach may prove more appealing in the evolving retail landscape.

Rent-A-Center

Rent-A-Center and Aaron's both operate in the rent-to-own segment, providing furniture, electronics, and appliances to consumers who prefer not to purchase these items outright. Both companies emphasize flexible payment options and no long-term contracts, appealing to similar demographics. However, Rent-A-Center has a larger market presence and a more extensive store network, which gives it a slight edge in brand recognition and market penetration.