twice connect

Conn's Closing Five Stores

1/20/2012 09:07:16 AM Eastern

Beaumont, Texas - Conn's is closing five stores in Texas and
Oklahoma this month, leaving the multiregional CE, appliance and furniture
chain with 64 locations.

The stores, located in Edmond, Okla., and in Dallas, Houston
and San Antonio, each had average annual revenues of $5 million.

CEO Theo Wright described the closures as "a continuation of
our previously communicated plan to evaluate our existing store base and close
or relocate underperforming stores."

At the same time, Conn's is proceeding with plans to open five
to seven stores
in new and existent markets during its next fiscal year,
which begins in February. New adjacent markets under consideration include Arkansas,
Arizona, Kansas, Mississippi and New Mexico, the company indicated last fall.
Conn's stores are currently located in Texas, Louisiana and Oklahoma.

Ultra HD OLED TVs In IFA Spotlight

At IFA, all Ultra HD makers are quickly expanding

Jack Wayman, the Father Of International CES

Tributes continue to pour in for Jack Wayman, who

Nationwide PrimeTime 2014

Scenes from Nationwide PrimeTime buy fair held in

ProSource Meeting Filled With Optimism

San Antonio — Optimism reigned at ProSource’s

Ingram Draws 500 To Spring Vendor Expo

Scottsdale, Ariz. — Ingram Micro Consumer