Amazon Deal Recasts Upbound’s Rent A Center Stores As Traffic Hubs

AI summary

Upbound Group's Rent-A-Center unit has entered into a partnership with Amazon to provide nationwide in-store pickup and return services. The agreement allows thousands of Rent-A-Center locations to act as Amazon pickup and return points across the US. The move is focused on operations and customer reach, rather than financial guidance or earnings results. For investors tracking NasdaqGS:UPBD, this development sits alongside a share price of $18.73 and mixed recent returns. The stock is up...