Conn's Shifts Focus to Mattresses, Furniture

December 14, 2012

Text Size - +
Print

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.

...

Read Full Article...

Source: Reuters

Companies Mentioned:

Conn's Inc.

People Mentioned:

Mike Poppe

More Suggested Content:

Conn's Q3 Sales up 10.6%
December 4, 2012 From News
Home furnishings, electronics and appliance retailer Conn's (NASDAQ:CONN) reported that fiscal 2013 third-quarter sales rose 10.6 percent to $206.4 million.

Conn's Opens in New Mexico
November 13, 2012 From News
Home furnishings retailer Conn's Inc. (NASDAQ: CONN) has opened its first HomePlus store in New Mexico.