UPBD

Upbound Group Inc. an omni-channel platform company leases household durable goods to customers on a lease-to-own basis in the United States Puerto Rico and Mexico. The company operates in four segments: Rent-A-Center Business Acima Mexico and Franchising. The company's brands such as Rent-A-Center and Acima that facilitate consumer transactions across a range of store-based and virtual channels. It offers furniture comprising mattresses tires consumer electronics appliances tools handbags computers smartphones and accessories. The company also provides merchandise on an installment sales basis; and the lease-to-own transaction to consumers who do not qualify for financing from the traditional retailer through kiosks located within retailer's locations. It operates retail installment sales stores under the Get It Now and Home Choice names; lease-to-own and franchised lease-to-own stores under the Rent-A-Centre ColorTyme and RimTyme names; and company-owned stores and e-commerce platform through rentacenter.com. The company was formerly known as Rent-A-Center Inc. and changed its name to Upbound Group Inc. in February 2023. Upbound Group Inc. was founded in 1960 and is headquartered in Plano Texas.