Conn's is a specialty retailer currently operating over 70 retail locations in Texas, Louisiana, Oklahoma, New Mexico, and Arizona.
The company sells home appliances, including refrigerators, freezers, washers, dryers, dishwashers and ranges, and a variety of consumer electronics, including LCD, LED, 3-D and plasma televisions, camcorders, digital cameras, computers and computer accessories, tablets, Blu-ray players, video game equipment, portable audio and home theater products.
In addition, Conn's also sells furniture for the living room, dining room, bedroom and related accessories and mattresses, as well as lawn and garden equipment.
Conn's also provides flexible in-house credit options for its customers.
The company introduced Conn's Home Plus stores in 2013, a new format that showcases furniture and mattresses in addition to the leading brands and the latest technologies in consumer electronics and home appliances.
In fiscal 2013, the company reported record revenues of $865.0 million and net income of $52.6 million.
Conn's was founded over 120 years ago as a plumbing company. Plumbing and Heating, Inc. hired Carroll Wayne Conn, Sr. in 1933 and subsequently sold the company to him in 1934, and he changed its name to Conn Plumbing and Heating Company.In 1937, Conn's began selling refrigerators and soon added gas ranges to its inventory. By 1940, Mr. Conn had purchased a store building and moved the company to 268 Pearl Street in Beaumont. The company's second store opened in 1959 on Eleventh Street in Beaumont. C.W. Conn, Jr. joined the company in 1953 after serving in the Korean War. He recognized that customers needed dependable, quality service and founded Conn's repair service and maintenance operations, Appliance Parts and Service, in 1962.
In 1964 he co-founded Conn Credit Corporation, a consumer credit company, to provide financing to Conn's customers for the purchase of products they needed for their homes.
The company would go public in 2003.
Updated December 14, 2013