Conn’s Grows Presence in Memphis with Second Store
July 03 2015 - 11:33AM
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 second
store in Memphis 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 50,000-plus square-foot Conn’s HomePlus at 3260 Austin
Peay Highway in Memphis has created 28 jobs. The new store is the
fourth in Tennessee and is part of Conn’s national growth strategy
of opening 15–18 stores in the 12 months beginning in February
2015. The Company has plans to open one more store in Tennessee
this September that will deliver another 20+ jobs. The Company
currently has more than 90 stores in 12 states.
“Opening our second store in Memphis reflects the positive
reception we’ve received in the city and we are excited to deepen
our roots in this great community,” 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 Memphis Conn’s HomePlus is located at 3525 Riverdale
Road.
Customers can enter to win the $10,000 shopping spree at both
Memphis Conn’s locations now through October 30.
Deepening Community Connection Through Conn’s Cares
The Company has further established its connection to Memphis
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. Earlier this year in
Memphis, Conn’s donated 1,000 new books to Belle Forest Community
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;
- 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/20150703005265/en/
Conn’s, Inc.Lee Jones,
612-677-2242lee.jones@onesimpleplan.com
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