Aaron's plans to create almost 1,000 jobs

AP News
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Posted: Mar 29, 2011 11:13 AM
Aaron's plans to create almost 1,000 jobs

Lease-to-own retailer Aaron's Inc. said Tuesday that it plans to create almost 1,000 jobs in the U.S. and Canada this year.

The company, which sells and leases residential furniture, consumer electronics, home appliances and accessories, said it has added 50 workers so far this year and is on schedule to hire 500 more based on current store opening plans.

An additional 75 franchised stores is expected to create about 400 jobs.

Last month Aaron's reported its fourth-quarter net income climbed 23 percent and said demand for its basic home furnishings remains strong even in a challenging business environment.

Aaron's, based in Atlanta, has more than 1,800 company-run and franchised stores in 48 states and Canada. Its stock rose 20 cents to $24.52 in morning trading.