Press release

Just days after celebrating its 34th anniversary operating rent-to-own stores in central Ohio, Showplace, Inc. is excited to announce a new location for its Bucyrus operation on East Mansfield Street.

Says Gary Ferriman, Showplace founder and president, “We love being in the Bucyrus community. We have an awesome and friendly team working there. The former Sears building will give us a better opportunity to showcase why we are a ‘special place to shop’.”

The Bucyrus store, which originally opened 26 years ago near the old ice plant and moved to the Suburban shopping center after the flood of 2007, will move to 1810 East Mansfield Street next week. Moving day is scheduled for April 19.

Bucyrus General Manager Chad Shumate is overseeing local moving efforts and says, “The new store is larger and there will be a lot more new furniture, appliances and other products available for fast delivery. We’re all really excited for people to come and see it!”

About Showplace, Inc.

Showplace, Inc. began operations in Marion, Ohio in 1982 and now operates 14 rent-to-own locations in central Ohio, serving Ashland, Bellefontaine, Bucyrus, Columbus, Dayton, Delaware, Findlay, Galion, Kenton, Mansfield, Marion, Marysville, Mt. Gilead and Springfield, offering furniture, appliances, home electronics and other items from Ashley, LG, Samsung, Whirlpool, Speed Queen, and other quality name brand manufacturers.

Founder and president Gary Ferriman also serves as president of the Association of Progressive Rental Organizations (APRO), the national trade association serving the rent-to-own industry. Keith Ferriman, Vice President of Sales, also serves as vice president of the Ohio Rental Dealers Association (ORDA).

About Rent-To-Own

Rent-to-own, also known as rental-purchase, is a legally documented transaction under which tangible property, such as furniture, consumer electronics, motor vehicles and home appliances, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during the agreement.

A rent-to-own transaction differs from a traditional lease, in that the lessee can purchase the leased item at any time during the agreement, and the lessee can terminate the agreement by simply returning the property.

The usage of rent-to-own transactions began in the United Kingdom and Europe, and first appeared in the United States during the 1950’s, gaining popularity in the 1970’s. APRO and ORDA are directly responsible for the legislative efforts to that govern the rent-to-own transaction so that it can be made available to the public.