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Nov 13, 2012

Conn's HomePlus Store Opens in Albuquerque, New Mexico

THE WOODLANDS, Texas--(BUSINESS WIRE)-- Conn's, Inc. (NASDAQ: CONN), a specialty retailer of home appliances, furniture, mattresses, consumer electronics and provider of consumer credit, today announced the opening of a Conn's HomePlus store in Albuquerque, New Mexico.

Located at 45 Hotel Circle, the Albuquerque store employs approximately 50 associates. The new Conn's HomePlus store format showcases furniture and mattresses in addition to the leading brands and the latest technologies in consumer electronics and home appliances.

"We are pleased to open a Conn's HomePlus location in Albuquerque, which represents our first store in New Mexico," stated Theodore M. Wright, Chairman and CEO. "Our in-house credit offering gives consumers affordable and flexible programs to purchase brand name consumer products. We look forward to serving the community by providing exceptional customer service, brand name products and affordable financing programs."

About Conn's, Inc.

Conn's is a specialty retailer currently operating 66 retail locations, with 57 in Texas, six in Louisiana, two in Oklahoma and one in New Mexico. The Company's primary product categories include:

  • Home appliance, including refrigerators, freezers, washers, dryers, dishwashers, ranges and room air conditioners;
  • Furniture and mattress, including furniture for the living room, dining room, bedroom and related accessories and mattresses;
  • Consumer electronic, including LCD, LED, 3-D, plasma and DLP televisions, camcorders, digital cameras, Blu-ray players, video game equipment, portable audio and home theater products; 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.

CONN-G

Conn's, Inc.
Chief Financial Officer
Brian Taylor, (936) 230-5899
or
Investors:
S.M. Berger & Company
Andrew Berger, (216) 464-6400

Source: Conn's, Inc.

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