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Conn’s Celebrates 125 Years of Business and Its Beaumont Roots

BEAUMONT, Texas— October 14, 2015 — Conn’s, Inc., the Houston-based furniture and specialty home goods retailer, today celebrated 125 years of business in its founding city of Beaumont, Texas. Conn’s officials marked the occasion by citing the Company’s growth and expanding footprint, and reinforcing the ongoing plans to bring more jobs to Beaumont.

As part of the event, Beaumont Mayor Becky Ames — flanked by Conn’s executives and Conn family members — proclaimed October 14 as “Conn’s Day” in the city to recognize the Company, which began as a local plumbing and heating company in 1890.

Conn’s is one of Beaumont’s largest employers, employing more than 800 people from the Golden Triangle. Speaking in front of a Conn’s Beaumont storefront on Wednesday, Conn’s Chief Executive Officer Norm Miller said the Company is in the process of hiring an additional 250 people over the next year in Beaumont, an initiative put in motion this summer.

“It’s important for us to look back and celebrate how far our company has come from its humble roots in this great city,” said Miller. “As Conn’s continues growing as a national retailer, we will continue supporting and believing in Beaumont and the workforce of this area. Our Beaumont employees are vital to our continued success.”

Conn’s has charted rapid growth in recent years, with a brick-and-mortar presence in 12 states. The Company has also emerged as one of the nation’s leading retailers of furniture, mattresses, home appliances, TVs and more. From its original store on 268 Pearl Street in Beaumont, Conn’s is now preparing to open its 100th retail store later this month.

“It’s an honor for us to recognize Conn’s, a company that is such a valuable part of the fabric of our community,” said Beaumont Mayor Becky Ames. “As Conn’s continues to grow across the country, the residents of Beaumont can look on with pride, knowing the Company’s roots are in our city.”

A Rich Local History Built On Ideals

Conn’s began as the Eastham Heating & Plumbing Company in 1890. In 1933, Caroll Wayne Conn, Sr., saved the company and renamed it Conn Plumbing and Heating Co. By the end of the decade, Mr. Conn was selling appliances out of his storefront on Pearl Street. His son, C.W. Conn, Jr., joined the company in 1953 and helped establish a credit service to provide financing to Conn’s customers for the purchase of products they needed for their homes.

Father and son continued to build a business based on the idea that consumers should receive value for the dollars they spent on Conn’s products. Their dedication was so strong that they often directed their employees to seek out unsatisfied customers to find what the company could do better. Conn’s continues running its business based on those promises first made in a Beaumont storefront.

About Conn’s, Inc.

Conn’s is a furniture and specialty retailer currently operating more than 90 retail locations in 12 states: Arizona, Colorado, Georgia, Louisiana, Mississippi, Nevada, New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee and Texas.

Conn’s primary product categories include:

  • Furniture and mattress, including furniture and related accessories for the living room, dining room and bedroom, as well as both traditional and specialty mattresses;
  • Home appliance, including refrigerators, freezers, washers, dryers, dishwashers and ranges;
  • Consumer electronics, including LCD, LED, 3-D and Ultra HD, Blu-ray players, home theater and portable audio equipment;
  • Home office, including computers, printers and accessories.

Additionally, Conn’s offers a variety of products on a seasonal basis. Unlike many of its competitors, Conn’s provides flexible in-house credit options for its customers in addition to third-party financing programs and third-party rent-to-own payment plans.

Conn’s was included in Fortune magazine’s 2015 list of the fastest growing companies and was named a 2015 Hot Retailer by the National Retail Federation.