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RTO BUYS RENT-A-CENTRE

RTO Enterprises of Edmonton has increased its presence in Ontario and Western Canada. The company has bought Rent-A-Centre Canada from U.S.-based Thorn Americas. Rent-A-Centre operates 29 rent-to-own stores in Ontario, Manitoba, Saskatchewan and Alberta and has annual revenues of $20 million. Advertising for both companies is done in-house. RTO operates 152 rent-to-own locations in Canada under the Rentown, RTO Centres, Rent To Own, North American TV and Appliance Rental and Granada banners.

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