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Aaron Enterprises company history timeline

1982

That sales figure made Aaron the largest private company operating in the burgeoning United States furniture rental business. Therefore, in 1982, Loudermilk sold off his party and sickroom equipment operations and dumped the proceeds into his residential and business division.

1983

The overall strategy helped to boost the company's net income to a record $4.7 million in 1983 from sales of $55.4 million.

1986

By early 1986, the chain had grown to include 154 stores in 20 states and annual revenues were topping a fat $100 million.

1987

Realizing that his company was struggling, Loudermilk returned to day-to-day control of the company in 1987.

1989

In fact, Aaron suffered three consecutive years of declining sales and earnings beginning in 1989.

1990

1990: Aaron Rents begins to offer franchise options.

1994

Throughout the fiscal 1994 year, the second-ranked company on Franchise magazine's Gold 100 list added rental-purchase stores to its chain at a rate of one per week.

1995

Growth continued during 1995.

2000

The company fixed its strategic focus on expansion for the years 2000 and beyond.

2013

Aaron Industries Limited was incorporated as a private limited company with the name 'Aaron Industries Private Limited' on October 23 2013.

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Founded
1976
Company founded
Headquarters
York, PA
Company headquarter
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Aaron Enterprises history FAQs

Zippia gives an in-depth look into the details of Aaron Enterprises, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Aaron Enterprises. The employee data is based on information from people who have self-reported their past or current employments at Aaron Enterprises. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Aaron Enterprises. The data presented on this page does not represent the view of Aaron Enterprises and its employees or that of Zippia.

Aaron Enterprises may also be known as or be related to Aaron Enterprises, Aaron Enterprises Inc and Aaron Enterprises, Inc.