-
Aaron's opens five stores in five states
Atlanta -- Aaron’s said Tuesday it is opening five of its lease-to-own stores in the Midwest, south and on the East Coast.
From mid October to early November, Aaron's stores have opened in Delaware, Ohio; Ionia, Mich.; Franklin, Ky.; Indianola, Miss., and Towson, Md.
In September, the company opened its 2,000th store – located in the Bronx, N.Y. -
OfficeMax Q3 profit leaps on extinguished Lehman liability
Naperville, Ill. -- OfficeMax Inc. reported Tuesday that net income for the third quarter jumped to $433.5 million from $22 million in the same period last year, as the office supply retailer eliminated non-recourse debt guaranteed by Lehman Bros. Holdings from its books.
Revenue dipped 1.7% to $1.74 billion, missing Wall Street’s expected $1.87 billion. Same-store sales fell 2.1%.