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Radio Rentals was founded in 1930 [1] by Percy Perring-Thoms in Brighton, Sussex, UK, to rent out radio sets, with a turnover in the first year of £780 (equivalent to £62,288 in 2023). It later offered televisions and videorecorders for rent.
In 1989 the business was sold to Radio Rentals, which had merged with Thorn Electrical Industries the previous year. Thorn EMI (as Thorn Electrical Industries had become) transferred all of Rumbelows’ rental accounts to its Radio Rentals chain, bolstering its market position. With its core business removed, Rumbelows sought a new identity as ...
In September 1974, the group sold its television rental business to Spectra Rentals for £1.73 million, in an effort to reduce its overall debt. [ 13 ] In 1975, Comet expanded its range of goods by purchasing the share capital of Gas Trend , a discount retailer of gas appliances, for £15,000. [ 14 ]
In 1987, Thorn EMI acquired Rent-A-Center in the United States for $594 million which had 469 stores on acquisition. [14] [15] In 1989, Rumbelows was acquired by Radio Rentals and all Rumbelows' rental accounts were transferred to Radio Rentals, bolstering its market position. With its core business removed, Rumbelows sought a new identity as a ...
An online retail site trading as Big Brown Box was launched by Thorn Group Limited (owners of brands including Radio Rentals and Rentlo) in November 2008. It offered whitegoods, small appliances, and electronic products. [2] [3] The site allowed customers to order goods online with Radio Rentals stores facilitating delivery and service of the ...
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Radiocentre is the industry body for commercial radio in the UK. It exists to maintain and build a strong and successful commercial radio industry. The organisation works on behalf of over 40 stakeholders who operate over 300 licensed radio stations across the UK and represent 90% of commercial radio in terms of listening and revenue.
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