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Our History Our History

Headquartered in Atlanta, Aaron’s, Inc. is a leader in the lease ownership of name brand furniture, consumer electronics and home appliances through its 1,600+ Company-operated and franchised stores in 47 states and Canada. Aaron’s was founded in 1955 and has been publicly traded since 1982. Charlie Loudermilk, Aaron’s founder, developed a unique lease-to-own model with a vision to fill a void for the underserved customer by providing them the best deal on the highest quality products. Aaron's services are available through multiple channels to approximately 40-50 percent of the U.S. population who make less than $50,000 annual household income.


That same spirit of innovation led Aaron’s to expand its reach with Progressive Leasing, a leading virtual lease-to-own company that provides lease-purchase solutions through approximately 20,000 retail locations in 46 states.


Our History

We continue our long tradition of giving back to the communities we serve. The Aaron’s Foundation maintains a long-standing partnership with the Boys & Girls Clubs of America with a commitment to its Keystone program, which provides young people ages 14 to 18 with activities focused on academic success, career preparation, and community service.


We believe our continued innovation and success begins and ends with our people, and one of the Company’s greatest strengths is the depth and breadth of experienced, talented people. Our management team and more than 12,000 associates have the skills, creativity, and passion to drive Aaron’s successfully into the future.