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Acima and Sleep Outfitters Partner to Bring Great Sleep to Underserved Consumers

PLANO, Texas--(BUSINESS WIRE)-- Acima Leasing, a leading provider of lease-to-own (“LTO”) services for merchants and consumers and Fintech platform of

articleUpbound Group, Inc.November 15, 20223/company/upbound-group-inc/news/acima-and-sleep-outfitters-partner-to-bring-great-sleep-to-underserved-consumers-2022
Acima and Sleep Outfitters Partner to Bring Great Sleep to Underserved Consumers

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[{"type":"text","content":" PLANO, Texas--(BUSINESS WIRE)--\nAcima Leasing, a leading provider of lease-to-own (“LTO”) services for merchants and consumers and Fintech platform of Rent-A-Center, Inc. (NASDAQ/NGS: RCII), is pleased to announce a multi-year agreement with Sleep Outfitters, a leading sleep solutions provider, to be the exclusive lease-to-own platform for their e‑commerce site and over 120 stores in Alabama, Arizona, Florida, Indiana, Kansas, Kentucky, Missouri, Ohio, Tennessee, and West Virginia.\n\nWith the addition of Acima’s LTO solutions at Sleep Outfitters, consumers from all backgrounds can more easily access America’s most iconic bedding brands: Sealy, Stearns & Foster, and Tempur-Pedic.\n\n“In the current economic landscape, it’s more important than ever that consumers have shopping flexibility, even if their credit history is less than perfect, making access to leasing options increasingly valuable for both merchants and consumers,” said Mike Bagull, SVP Business Development & Partnerships, Acima. “With Sleep Outfitters as a new partner, we can help more consumers obtain access to the quality bedding products they need to live a better quality of life.”\n\nRetailers that want to add lease-to-own solutions to their e-commerce or in-store checkout can learn more about Acima’s offerings at: www.acima.com/partner.\n\nAbout Rent-A-Center, Inc.\n\nRent-A-Center, Inc. (NASDAQ: RCII) is a leading provider of technology driven, flexible, no debt obligation leasing solutions that offer underserved consumers access to and potential ownership of high-quality durable goods that enhance the quality of life. The Company’s omni-channel model utilizes proprietary data and technology to facilitate transactions across a wide range of retail channels including its own Acima virtual lease-to-own platform, Rentacenter.com, e-commerce partner platforms, partner retail stores, and Rent-A-Center branded stores. For additional information about the Company, please visit our website Rentacenter.com or Investor.rentacenter.com.\n\nAbout Sleep Outfitters\n\nSleep Outfitters is a leading sleep solutions provider, founded in 1983. Today, Sleep Outfitters employs around 400 people and operates over 120 stores in 10 states: Alabama, Arizona, Florida, Indiana, Kansas, Kentucky, Missouri, Ohio, Tennessee, and West Virginia. Sleep Outfitters is a Tempur Sealy company....

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