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In 2017, AZUMA decided to expand their business ventures into leasing furniture and housewares with the sale of the appliance business over to Appliance Warehouse. In 2022 AZUMA re-established its Washer and Dryer rentals business and now solely focuses on appliance leasing and has exited the furniture and houseware business.
In April of 2022, Aaron's purchased Brandsmart USA, a regional appliance and consumer electronics retailer, for $230 Million. [9] On October 3, 2024, IQVentures completed the acquisition of the firm for approximately $504 million. [10]
Sometimes being a renter can mean your appliances are not necessarily ones your building manager would choose for his or her own family home, but rather ones chosen to meet a bottom line.
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Herc Rentals is an equipment rental company, owned by Herc Holdings. It was formerly a subsidiary of The Hertz Corporation before being spun-off as a separate company in 2016. The company provides rentals of heavy equipment , [ 3 ] tools, power generators and pumps, [ 4 ] as well as sales of used equipment.
Tenants pass down old refrigerators to the people moving in after them — a win-win where no one has to lug a 6-foot, 250-pound appliance around the city. Landlords lease models for an extra fee.
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