Beaumont, Texas –
Conn’s has extended and expanded its consumer finance program with GE Capital’s
retail finance unit.
The program, which began in 2009, was renewed
through 2014 and will include the introduction of a Conn’s branded credit card,
expanded product offerings and financing promotions, and special cardholder
discounts and shopping opportunities.
Approximately 60
percent of Conn’s retail sales are financed.
“Conn’s is one of the region’s most established
and successful retailers,” said Paul Schell, consumer electronics general
manager for GE Capital’s retail finance business. “We’re honored to continue
working with Conn’s to provide their customers with convenient financing
options and promotions and help Conn’s achieve their business goals.”
“Working with GE Capital enables us to provide
qualified customers with financing programs that enhance the value they receive
when they buy from Conn’s,” added Conn’s chief financial officer Mike Poppe.
“We value the relationship we have with GE Capital, which also gives us
increased capacity to support sales growth through the flexible financing
programs we offer our customers.”
Conn’s sells CE,
appliances, furniture and lawn and garden products through 75 big-box retail
and clearance center locations in Texas, Louisiana and Oklahoma.
