Mr. Ben Bost
President, Independence Rentals Inc.
Member of the Leisure & Lodging Council
Council Member Biography
Ben Bost is the President of Independence Rentals, Inc., dba Aaron's Sales and Lease Ownership, where he has worked since December 2002. Independence Rentals was the first franchisee to open an Aaron's store in North Carolina and currently operates four franchise stores in western North Carolina. Aaron's sells and leases household goods such as furniture, appliances, electronics, and computers in 1600+ stores in the U.S. and Canada. Mr. Bost has experience in all aspects of Rent to own operations, including sales, collections, and merchandising. He also has related experience in franchising and franchise concepts. Previously, he practiced law in the Commercial Transactions group at King and Spalding in Atlanta. (This is me - Update Profile)
Employment History
- 2002 - Unspecified
- President, Independence Rentals Inc.
- 1999 - 2002
- Attorney, KING & SPALDING LLP
GLG NewsSM Analyses by Ben Bost(?)
Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.
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Strange Story at Rent A Center (Are Gas Prices Really THAT High?)
August 3, 2007
Rent-A-Center Lowers Full-Year Guidance | biz.yahoo.com
We’ve heard this story before. Two years ago when store performance was suffering, it was fuel cost. Here we go again. Demand drops and energy costs are to blame. Does anyone wonder what the real story is here? Could there be more to it than higher prices at the pump? Besides, gas is only a few percentage points higher right now than it was last summer.
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Core Business Strong At Aaron's (RNT) Despite Q2 Results
July 27, 2007
Aaron Rents Lowers Full-Year Guidance | biz.yahoo.com
Investors sold shares of Aaron Rents (RNT) yesterday in response to its Q2 earnings release and conference call. Aaron’s lowered FY 2007 guidance, reported lower than normal same store sales growth for the quarter, and discussed struggles in its new store openings initiative, all of which led to a 12% sell-off in shares of RNT. The market overreacted to the report, as the store-level fundamentals are stronger than ever.
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Expansion Plan on Track at Aaron Rents?
February 28, 2007
Aaron Rents Inc. reports net earnings up for fourth quarter and for year | www.rtohq.org
Last year, management at Aaron Rents committed to open 350 new stores by the end of 2007. In its Q4 earnings call, RNT addressed questions about the purposes and logistics of the new opening timetable and announced that the expansion is on track, with plans to open 250 stores in 2007.
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Retail Sales Down, Margins Up at Aaron's
February 28, 2007
Aaron Rents Inc. reports net earnings up for fourth quarter and for year | money.cnn.com
An analyst listening to the recent RNT earnings call asked a simple question: "Why were retail sales down in Q4?" The answer is equally simple, and has some interesting implications. Aaron's management commented on the decline in retail sales, the corresponding margin increase on customer payouts, and the reason cash prices increased in the first place.
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RAC Management Focused on Financial Services and Rentway Integration
February 9, 2007
Rent-A-Center, Inc. Reports Fourth Quarter and Year End 2006 Results | biz.yahoo.com
Rent-A-Center management will focus in 2007 on completing the integration of 786 acquired Rentway stores into the Rent-A-Center system and continuing to add financial services in their stores. These points of emphasis make it clear that the core rent-to-own business of RAC has matured to the point that new store openings are no longer a priority.
Leading institutions connect with Ben Bost through GLG
GLG Study Groups with Ben Bost(?)
| Study Group Name | No. Members |
|---|---|
| Experts in the Leisure & Lodging Council | 4887 |
| Experts in the Leisure & Lodging Council | 4887 |
| Experts in the Automotive Council | 3422 |
| Experts in the Leisure & Lodging Council and Automotive Council | 142 |
| Medical Geneticists (US) | 85 |
GLG Live Meetings with Ben Bost(?)
Recent Seminars
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August 24, 2006 | New York
GLGi: Rent To Own Landscape: RAC’s Acquisition & Other Industry Dynamics