Jackson Hewitt Forms Strategic Alliance With Rent-A-Center
05 November 2003 - 7:01PM
PR Newswire (US)
Jackson Hewitt Forms Strategic Alliance With Rent-A-Center Provides
Cross Marketing Initiatives, Employee Discounts and In-Store
Presence PARSIPPANY, N.J., Nov. 5 /PRNewswire/ -- Jackson Hewitt
Inc. today announced an exclusive strategic alliance with the
nation's leading rent-to-own company, Rent-A-Center. The alliance
provides for exclusive cross marketing initiatives, employee
discounts and in-store presence of Jackson Hewitt Tax Service in
select Rent-A-Center locations nationwide. "Jackson Hewitt Tax
Service has long been known for its retail relationships that allow
us to more conveniently serve customers," said Michael Lister,
President and COO, Jackson Hewitt Inc. "This new alliance allows
both companies to promote our services to each other's employees
and customers while providing exclusive savings on product rentals
and tax preparation services. Rent-A-Center is a great match for
our customer base, and we look forward to a mutually beneficial
relationship." As part of the alliance, Jackson Hewitt Tax Service
customers can obtain a coupon that will provide them with two weeks
of free rental of an item at Rent-A-Center locations when they pay
for two weeks on any new agreement and use their Jackson Hewitt Tax
Service CashCard. The more than 15,000 Rent-A-Center employees
nationwide will also reap the benefit of discounted tax preparation
services at Jackson Hewitt Tax Service locations nationwide. Also
during this inaugural phase of the alliance, Jackson Hewitt Tax
Service will set up shop in select Rent-A-Center locations to
provide tax preparation services throughout the upcoming tax season
for the convenience of employees, customers and other nearby
shoppers. "We are pleased to partner with Jackson Hewitt and to
provide our customers a new level of convenience as well as expand
our business through Jackson Hewitt's customer base," said
Rent-A-Center Chairman and CEO Mark Speese. Jackson Hewitt CashCard
is a MasterCard-branded, stored value card that is a convenient
option to a cashiers check for those customers that electronically
file and select a Refund Anticipation Loan or an Accelerated Check
Refund. The CashCard can be used almost anywhere that accepts
MasterCard, as well as to gain access to cash or make purchases at
any PIN-based terminal or select ATMs. Rent-A-Center Inc.,
headquartered in Plano, Texas, currently operates 2,605
company-owned stores nationwide and in Puerto Rico. The stores
generally offer high-quality, durable goods such as home
electronics, appliances, computers and furniture and accessories to
consumers under flexible rental purchase agreements that generally
allow the customer to obtain ownership of the merchandise at the
conclusion of an agreed-upon rental period. For more information
about Rent-A-Center, see http://www.rentacenter.com/. Jackson
Hewitt Inc. is the fastest growing national tax preparation company
and is currently the nation's second largest company in this
category. With more than 4,200 locations in 48 states and the
District of Columbia during Tax Season 2003, the company provides
full service, individual federal and state income tax preparation
through its proprietary computerized software system. Approximately
95 percent of all income tax returns filed through Jackson Hewitt
locations are electronically filed (IRS e-file). Most Jackson
Hewitt offices are independently owned and operated, and offer
customers related tax preparation services such as Accelerated
Check Refunds, Assisted Direct Deposit of refund checks, Refund
Anticipation Loans and free electronic filing with paid tax
preparation. To contact a tax preparer in your area, call
1-800-234-1040 or visit our website at
http://www.jacksonhewitt.com/. DATASOURCE: Jackson Hewitt Inc.
CONTACT: Sheila Cort of Jackson Hewitt Inc., +1-973-496-2702, Web
site: http://www.jacksonhewitt.com/ http://www.rentacenter.com/
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