Aaron's Joins Fight For Affordable Housing In Atlanta
The Aaron's Company (NYSE: AAN) has donated $10,000 to the Westside Future Fund to support affordable housing initiatives in Atlanta. This contribution aims to aid impoverished communities, particularly in light of increased food insecurity due to the COVID-19 pandemic. The Westside Future Fund targets neighborhoods where 52% of residents live below the poverty line. The donation was facilitated by Aaron's Black Leadership Exchange (ABLE), which promotes personal and professional development for Black team members while fostering community connections.
- Donation of $10,000 to the Westside Future Fund enhances corporate social responsibility.
- Engagement in community support during COVID-19 addresses urgent local needs.
- No direct financial impact or specific business metrics were mentioned in the PR.
ATLANTA, Dec. 10, 2020 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE: AAN), a leading omnichannel provider of lease-purchase solutions, announced a donation of
"Access to affordable housing is one of the most important needs in our city, especially for those struggling to make ends meet in and around the Historic Westside community," said Douglas Lindsay, Chief Executive Officer of Aaron's. "The negative economic effects of the COVID-19 pandemic have heightened the needs of vulnerable populations, and the Westside Future Fund is a critical tool to help level the playing field for these individuals."
Specifically targeting the neighborhoods of English Avenue, Vine City, Ashview Heights and the Atlanta University Center, the Westside Future Fund is addressing the urgent need coming as
The contribution from Aaron's Foundation, Inc. was facilitated by Aaron's Black Leadership Exchange (ABLE), an internal committee formed in 2019 to exchange information and ideas that create a path for personal and professional development of Black team members, while strengthening connections with customers and others in the community. ABLE is guided by three core principles: fostering self-improvement, developing those around them and building their communities.
"ABLE has created a tangible way for our Black team members to come together in support of essential causes that are impacting our people and our community," said Chris Cottrell, President of ABLE. "By identifying this opportunity to unify both our Black employees and advocates from other racial backgrounds, we can affect meaningful change that lifts our entire organization."
About Aaron's
Headquartered in Atlanta, The Aaron's Company, Inc. (NYSE: AAN), is a leading omnichannel provider of lease-purchase solutions. Aaron's engages in the sales and lease ownership and specialty retailing of furniture, consumer electronics, home appliances and accessories through its approximately 1,400 company-operated and franchised stores in 47 states and Canada as well as its e-commerce platform, Aarons.com. For more information, visit investor.aarons.com or Aarons.com.
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SOURCE The Aaron's Company, Inc.
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