Businesses using IT for strategic purposes

Computer Science
Tutor: None Selected Time limit: 1 Day

What company  used some form of information technology for STRATEGIC purposes? Please explain  what the strategy was that they were working toward and include a source please. 

Jan 13th, 2015

How Rent-a-Center uses IT strategically for financial gain

Reference:

http://searchcio.techtarget.com/news/936553/Rent-a-Center-uses-IT-for-financial-and-strategic-gain

Rent-A-Center (commonly referred to as RAC, Rent-A-Centre in Canada) is an American public furniture and electronics rent-to-own company based in Plano, Texas. The company was incorporated in 1986 and as of 2014 operates approximately 2,972 company-owned stores in the United States, Canada, Puerto Rico and Mexico, accounting for approximately 35% of the rent-to-own market in the United States based on store count.

Rent-A-Center's operations include 28 retail installment stores called Get It Now (based in Wisconsin); 17 Home Choice stores in Minnesota; 15 rent-to-own stores in Canada that go by Rent-A-Centre and Better Living; and approximately 1,359 Acceptance Now kiosks housed within retail partner stores throughout the United States. Its subsidiary, Rent-A-Center Franchising International Inc. (RACFI), formerly known as ColorTyme Inc., is America's first franchisor of independently owned-and-operated rent-to-own stores. Its franchisees operate 162 rent-to-own stores in 31 states under the Rent-A-Center and ColorTyme brand names, and the company's wheels-and-tires franchise brand, RimTyme, operates 31 stores in 13 states.

Reference:

http://en.wikipedia.org/wiki/Rent-A-Center



Jan 13th, 2015

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