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Description

The furniture industry knows a thing or two about the various challenges caused by Covid and the many changes that have happened or will happen because of it.

One of these changes has to do with a little-talked-about category in the industry: rent-to-own furniture.

The rental furniture market is projected to reach 139 billion by 2029, according to Fortune Business Insights, and over 44 million people, or 35.9% of U.S. households, rent their homes—which means there’s potentially a lot of business to be had for rent-to-own retailers.