
Conn's, Inc., a specialty retailer of home appliances, furniture, mattresses and consumer electronics, has reported that same-store sales for January 2013 were up 10%, when compared to January 2012.
Total net sales for the quarter ended January 31, 2013 were $208.4 million, an increase of 9.9% compared to $189.7 million for the same quarter ended January 31, 2012.
...Electronics and furniture retailer Conn's Inc. said it would reduce its dependence on consumer electronics and shift its focus to the higher-margin furniture and mattresses business to drive sales over the next few years.
"We expect (the furniture and mattresses business) to become over time the top revenue segment," Chief Operating Officer Mike Poppe said.