Conn’s x Belk Store-Within-A-Store Pilot Concept Opens In Five Belk Locations
Gives Belk customers access to Conn’s name brand assortment of home products, next-day delivery
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Gives Belk customers access to Conn’s name brand assortment of home products, next-day delivery
To pilot store-within-a-store concept at 10 to 20 Belk locations and online at Belk.com later this year
The new Montgomery showroom will bring the store count to 125.
Promoted to new post as U.S. biz booms
The big-box chain just posted its fourth consecutive profitable quarter.
With its in-house finance business back on track and its ledger returning to black, Conn’s is revving up its expansion plans again.
For retailers, the silver lining in natural disasters is replacement sales, as Conn’s can readily attest. The Texas-based business took its lumps during Hurricane...
After years of losses triggered by consumer credit defaults, Conn’s, the 116-store furniture, appliance and CE chain, is back in the saddle, two Oppenheimer analysts...
It may be small comfort to the tens of thousands of displaced families, but if there’s a silver lining to this year’s exceptionally harrowing...
Texas-based Conn’s is getting back to business in the wake of Hurricane Harvey, which ravaged the state’s coastal communities last month. The CE, appliance...
Multiregional furniture, appliance and electronics chain Conn’s posted a net loss and a double-digit sales decline for its fiscal first quarter. The latter reflected...
Conn’s said its year-long focus on creating a “strong credit platform” for its in-house lending unit is beginning to show results. The effort, which toppled...
Conn’s has put a new management team in place for its retail segment following the retirement of division president David Trahan and the departure...
hhgregg has hired Conn’s veteran Aaron Trahan as chief merchandising officer. Trahan, whose dad David retired Jan. 1 as president of Conn’s retail division,...
Stricter underwriting standards, which were implemented to steady Conn’s in-house credit business, took a toll on sales and earnings during the retail chain’s third...
A series of accounting changes related to Conn’s troubled in-house credit operation contributed to a net loss of nearly $12 million in the company’s...
Conn’s, the multiregional furniture, bedding, appliance and electronics chain, continued its Colorado-to-the-Carolinas expansion with the opening of its first store in Alabama. “A retailer...
The momentum from Conn’s mixed first-quarter results carried into May. According to the company’s monthly performance update — a practice it ended with the...
Continuing challenges within its in-house credit unit led Conn’s into the red last quarter. This morning the company reported a net loss of $9.7...
Conn’s, the 100-plus showroom furniture, bedding, appliance and CE chain, reported higher sales and lower credit delinquencies in April. Total net sales rose 6.2...
Conn’s said rapid expansion and lagging infrastructure contributed to a 93 percent drop in fourth-quarter profits. Net income for the three months, ended Jan....
The CE and IT categories continue to be a drag on comp sales at Conn’s, the multiregional furniture, majap and electronics chain. The Texas-based...
A late Super Bowl and last year’s exit from gaming, imaging and select tablets led to a 2.3 percent decline in January comp sales at...
Fierce holiday discounting and month-long “Black November” promotions took a toll on two of the industry’s largest multiregional big-box chains. hhgregg president/CEO Dennis May...
Double-digit volume gains for furniture and mattresses helped drive net and comp sales in Conn’s third quarter. The multiregional furniture, CE and majap chain...
Conn’s, the Houston-based furniture and specialty home goods retailer, opened its 100th store yesterday. The milestone was reached in Las Vegas, where the multiregional chain...
Furniture and mattresses proved to be a same-store-sales salvation for Conn’s last month. The combined category, up 9.7 percent, saved the company’s October comps...
Conn’s in-house financing business continues to be a pain-point for the multiregional retailer. Despite solid sales in September, the 60-plus-day delinquency rate for customer...
Conn’s ailing consumer finance unit remained a drag on profits in its second fiscal quarter amid robust retail sales. Consolidated revenues rose 12.2 percent...
In a series of strategic moves designed to shore up its ailing consumer finance business and restore investor confidence, Conn’s has changed chief executives,...
Conn’s extended its Carolina toehold today with the formal opening of its third HomePlus store in The Palmetto State. The new 38,700-square-foot showroom is...
In the past couple of years Texas-based Conn’s has extended its reach as far north as Colorado and as far east as the Carolinas in...
New York — First-quarter financial results from two multiregional CE and appliance chains this morning provide starkly different snapshots of the marketplace. For Texas-based...
The Woodlands, Texas — Conn’s reported flattish comp sales and creeping consumer credit delinquency rates for June. The multiregional mattress, furniture, majaps and CE...
Charlotte, N.C. — Conn’s has big plans for the Tar Heel State. The multiregional furniture, appliance and CE chain has formally opened its second and...
Memphis, Tenn. – Conn’s, the Texas-based multiregional chain, has opened it fourth HomePlus superstore in Tennessee. The 50,000-square-foot furniture, appliance and CE showroom is...
The Woodlands, Texas – Conn’s reported a 6.6 percent increase in first-quarter net retail sales, to $296 million. But the lingering inventory constraints from...
The Woodlands, Texas — Reduced inventory stemming from the West Coast port labor disruption negatively impacted Conn’s same-store sales in March, while CE sales...
The Woodlands, Texas – Conn’s fourth-quarter profits fell 44 percent to $15.5 million as operating losses widened within its credit segment. But total revenue...