January 25, 2011 // Franchising.com // FRISCO, Texas – After a morning of corporate presentations, speakers and store manager awards, the first day of the ColorTyme National Convention concluded by bringing together vendors and franchisees for a Buying Show. The event showcased new technology, the latest offerings in furniture and popular appliances for the rent-to-own market.
Products and services were showcased from 30 vendors. Among these were appreciated sponsorship vendors including: Albany Furniture, Whirlpool, Serta International, ArchBrook Laguna, LG Electronics, Welton USA, Lane Furniture, Mitsubishi and Ashley Furniture. Many vendors offered special rebates to franchisees who made purchases at the show.
"We offer special pricing and rebates to franchisees as our way to show how much we value our relationship with them," said Kent Clark, rental specialist for Ashley Furniture. "It's all about making a connection with the owners. Showing them what we have to offer and getting their feedback is what this show is all about."
Eight vendors joined the Buying Show for the first time this year including Franklin Furniture, Steve Silver, Lenovo Computers, Purdue Woodworks, SLR International, SA IT Services, Donco Trading Company and Lane Furniture.
"We're extremely excited to be able to show what we offer and bring better priced goods to the show," said Phil Devero, a local representative for Lane Furniture. "Meeting face-to-face with the owners and learning about their business doesn't happen everyday, so it's an opportunity that we treasure."
ColorTyme, Inc., founded in 1979, is America's oldest franchisor of independently owned-and-operated rent-to-own stores. ColorTyme franchisees operate 190 rent-to-own stores in 33 states, and the company's custom-wheels-and-tires franchise brand, RimTyme, operates 20 stores in 11 states. ColorTyme is headquartered in Plano, Texas, and is an independent, wholly owned subsidiary of the largest RTO company in the world, Rent-A-Center (NASDAQ: RCII).