Conn's

Conn's, Inc. was an American furniture, mattress, electronics and appliance store chain headquartered in The Woodlands, Texas, United States.

By 1940, Conn had purchased a store building and moved the company to 268 Pearl Street in Beaumont.

In 1975, Conn's opened more stores in Port Arthur, Orange and Baytown, Texas, as well as one in Lafayette, Louisiana.

In 1993, Conn's experienced its first $100 million sales volume year and opened its first San Antonio, Texas, location.

In July, 1998, the company reorganized and brought in a new financial partner, The Stephens Group, Inc. Conn's market reach was broadened in 1999, when it opened its first store in Baton Rouge, Louisiana, and again in 2001, 2002 and 2003 when it opened its first stores in Austin, Corpus Christi, and in the Dallas-Ft. Worth Metroplex, respectively.

[5] In July 2024, Conn's warned that it may file for Chapter 11 bankruptcy protection within the coming weeks, blaming inflation, and a decline in sales as part of the decision.

On July 3, 2014, Conn's was featured in The New York Times in the biweekly column called “The Haggler”.

[12] On November 9, 2014, the Haggler column reported that Conn's did not return inquiries about its alleged practices of offering credit to high-risk customers, a lawsuit over which is currently underway.

[Wright's] maximum bonus of $850,000 would be achieved if Conn's booked $165.8 million in operating income in 2014, according to the suit.

In this way top executives at Conn's benefitted from the credit-for-all strategy, with big bonuses and well-timed stock sales.

Conn's Clearance Center in Houston, TX.