8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported):June 16, 2008

AARON RENTS, INC.

(Exact name of Registrant as Specified in its Charter)

Georgia	1-13941	58-0687630
(State or other Jurisdiction of Incorporation or Organization)	(Commission File Number)	(IRS Employer Identification No.)

309 E. Paces Ferry Road, N.E. Atlanta, Georgia	30305-2377
(Address of principal executive offices)	(Zip code)

Registrant’s telephone number, including area code: (404) 231-0011

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective June 16, 2008, the Board of Directors of Aaron Rents, Inc. (the “Company”) elected Mr. Robert C. Loudermilk, Jr. to succeed Mr. R. Charles Loudermilk, Sr. as the Company’s Chief Executive Officer. Mr. Loudermilk, Sr. will remain Chairman of the Company.

Mr. Loudermilk, Jr., 49, has served as a Director of the Company since 1983 and as President and Chief Operating Officer of the Company since 1997. He has served in various other positions since joining the Company as an Assistant Store Manager in 1985. Mr. Loudermilk, Jr. is the son of Mr. Loudermilk, Sr.

The information required by Item 404(a) of Regulation S-K with respect to Mr. Loudermilk, Jr. has been previously reported (Commission File No. 001-13941) in Note G to the unaudited financial statements included in the Company’s Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2008 filed on May 6, 2008, and under the caption “Related Party Transactions” in the Company’s definitive Proxy Statement related to its 2008 annual meeting of shareholders filed on April 8, 2008, which disclosures are incorporated by reference herein.

Item 7.01Regulation FD Disclosure.

A copy of the Company’s press release announcing Mr. Loudermilk, Jr.’s succession as Chief Executive Officer is furnished herewith as Exhibit 99.1.

Item 9.01Financial Statements and Exhibits.

(d)Exhibits

Exhibit No.	Description
99.1	Press Release of the Company dated June 16, 2008.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		AARON RENTS, INC.
	By:	/s/ Gilbert L. Danielson
Date: June 16, 2008		Gilbert L. Danielson Executive Vice President, Chief Financial Officer

2

EX-99.1

Contact: Gilbert L. Danielson

Executive Vice President

Chief Financial Officer

404-231-0011

Aaron Rents, Inc. Promotes

Robert C. Loudermilk, Jr. to

Chief Executive Officer;

R. Charles Loudermilk, Sr. to Remain as Chairman

ATLANTA, June 16, 2008 - The Board of Directors of Aaron Rents, Inc. (NYSE: RNT), the nation’s leader in the sales and lease ownership, specialty retailing and rental of residential and office furniture, consumer electronics and home appliances and accessories, today announced that Robert C. Loudermilk, Jr. has been elected President and Chief Executive Officer of Aaron Rents, Inc. He previously was President and Chief Operating Officer. Mr. Loudermilk, Jr. will succeed R. Charles Loudermilk, Sr. who will continue as Chairman of the Company.

“I am very pleased that Robin is ready to take over my responsibilities as Chief Executive Officer,” said Mr. Loudermilk, Sr. “His long tenure in various positions with Aaron Rents has prepared him well to lead the organization in the upcoming years.”

“Although I will be reducing my day-to-day responsibilities, I will be actively involved assisting Robin in setting strategy and in other areas as needed,” Mr. Loudermilk, Sr. continued. “Aaron Rents has been a major part of my life since I founded the Company 53 years ago, and I plan to assist Robin and the fine Aaron’s team in further growing the business and increasing value to our shareholders.”

Mr. Loudermilk, Jr., 49, joined Aaron Rents in 1985 as an Assistant Store Manager and has served in various leadership positions through the years. He has been a Director of the Company since 1983 and has been President and Chief Operating Officer since 1997. He is a graduate of the University of Alabama with a Bachelor of Business Administration degree.

“I am very honored and excited to assume my new role,” said Mr. Loudermilk, Jr. “This fulfills a goal of mine. I have grown up in the business and have had an outstanding mentor. I look forward to working in the future with him and the rest of Aaron Rents’ very strong, capable, and experienced management team.”

Aaron Rents, Inc., based in Atlanta, currently has more than 1,565 Company- operated and franchised stores in 48 states and Canada. The Company’s MacTavish Furniture Industries division manufactured $73 million at cost in 2007 of furniture, bedding and accessories at 12 facilities in five states. The entire production of MacTavish is for shipment to Aaron Rents stores.

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