Conn’s Grows Presence In Charlotte Market with Addition of Two More Stores
July 03 2015 - 11:28AM
Business Wire
Response to retailer’s value proposition spurs
further investment in market
Specialty home goods retailer Conn’s, Inc. (NASDAQ:CONN), will
celebrate Independence Day with the grand opening of its new stores
in Charlotte and Gastonia on Saturday, the Fourth of July, with
gift card giveaways, storewide promotions and an opportunity for
local customers to enter to win a $10,000 shopping spree.
Conn’s HomePlus offers high-quality and affordable products,
specializing in furniture and mattresses, home appliances, consumer
electronics and home office products.
The new 46,000 square-foot Charlotte store, located at 8709 JW
Clay Blvd., is the second Conn’s location in the city and is
expected to create 30 jobs. More positions will also be added to
staff the Conn’s distribution center in Charlotte. The 43,000
square-foot Gastonia store at 197 New Hope Drive, has created 28
jobs and Conn’s plans to hire more in the months to come.
The new stores are part of Conn’s national growth strategy of
opening 15–18 stores in the 12 months beginning February 2015. The
Company has plans to open four additional stores in North Carolina
this year, bringing their store total to seven in the state,
generating 160 jobs by the end of October. Conn’s has more than 90
stores in 12 states.
“Opening these new stores in Charlotte and Gastonia reflects the
positive reception we’ve received in the area, and we are excited
to deepen our roots in these great North Carolina communities,”
said David Trahan, President of Conn’s Retail Division.
The core of Conn’s continued growth and success is its in-house
credit program called “YES MONEY®,” which offers consumers
the chance to purchase high quality goods at low monthly payments
they can afford, even if they have been turned down elsewhere. The
ability to make aspirational items affordable has led to more than
90 percent of surveyed customers stating that they would recommend
Conn’s to family and friends.
“We take great pride in our YES MONEY® program to make
high-quality products affordable to hardworking consumers,” said
Trahan. “This program, coupled with our satisfying shopping
experience, brings back customers time and again,” says Trahan.
The other Charlotte Conn’s HomePlus is located at 9567 South
Blvd.
Customers can enter to win the $10,000 shopping spree at all
Charlotte and Gastonia Conn’s HomePlus locations now through
February 15, 2016.
Deepening Community Connection Through Conn’s Cares
The Company has further established its connection to Charlotte
and other communities it serves through Conn’s Cares, the
philanthropic program the Company launched earlier this year.
Conn’s will donate more than $300,000 worth of books to deserving
children through the initiative in 2015. This fall, Conn’s will
donate 1,000 new books to a select Charlotte school through its
partnership with nonprofit partner First Book.
About Conn’s, Inc.
Conn's is a 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. The
company'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; and
- 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20150703005263/en/
For Conn’s, Inc.Lee Jones,
612-677-2242lee.jones@onesimpleplan.com
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