Conn's Adds Sealy to Mattress Line-up
BEAUMONT, Texas--(BUSINESS WIRE)--
Conn's, Inc. (NASDAQ: CONN), a specialty retailer of home appliances,
furniture, mattresses, consumer electronics, computers and lawn and
garden products today announced that it is adding Sealy mattresses in
all of its retail locations.
"Sealy is a great addition to our mattress offering," commented Theodore
M. Wright, the Company's Chairman and CEO. "Sealy is the largest
mattress manufacturer in the United States and we are excited to be
giving our customers the ability to access their products."
As an authorized retailer for Sealy, Conn's will now offer a broad
selection of Sealy brands including Sealy, Sealy Posturepedic, Stearns &
Foster and Optimum. The assortment will feature both innerspring and
specialty foam mattresses in a variety of styles and prices.
"We're thrilled to partner with a retailer the caliber of Conn's," says
Larry Rogers, President and CEO of Sealy, Inc. "They are a retail chain
that truly appreciates the potential of the bedding category and its
ability to drive top-line growth and profitability."
About Conn's, Inc.
The Company is a specialty retailer currently operating 65 retail
locations in Texas, Louisiana and Oklahoma: with 22 stores in the
Houston area, 15 in the Dallas/Fort Worth Metroplex, seven in San
Antonio, three in Austin, five in Southeast Texas, one in Corpus
Christi, four in South Texas, six in Louisiana and two in Oklahoma. The
Company's primary product categories include:
-
Home appliances, including refrigerators, freezers, washers, dryers,
dishwashers and ranges;
-
Consumer electronics, including LCD, LED, 3-D, plasma and DLP
televisions, camcorders, digital cameras, Blu-ray and DVD players,
video game equipment, portable audio, MP3 players and home theater
products;
-
Furniture and mattresses, including furniture for the living room,
dining room, bedroom and related accessories and mattresses; and
-
Home office, including desktop and notebook computers, tablets,
printers and computer accessories.
Additionally, the Company offers a variety of products on a seasonal
basis, including lawn and garden equipment, and continues to introduce
additional product categories for the home to help respond to its
customers' product needs and to increase same store sales. Unlike many
of its competitors, the Company provides flexible in-house credit
options for its customers, in addition to third-party financing programs
and third-party rent-to-own payment plans. In the last three years, the
Company financed, on average, approximately 61%, including down
payments, of its retail sales under its in-house financing plan.
CONN-G

Conn's, Inc., Beaumont
Mike Poppe, (409) 832-1696 Ext. 3294
Chief
Operating Officer
or
Investors:
S.M. Berger & Company
Andrew
Berger, (216) 464-6400
Source: Conn's, Inc.
News Provided by Acquire Media
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