Troubled electronics and home goods retailer Conn’s has commenced going-out-of-business sales after it filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the Southern District of Texas. When it filed for Chapter 11, Conn’s put through...
Conn’s HomePlus has filed for Chapter 11 protection with the United States Bankruptcy Court for the Southern District of Texas after revealing a store closing plan for 70 locations. However, if it is to emerge, a buyer may need to step forward. The Conn’s...
Conn’s beat an analyst estimate on fourth-quarter loss but fell short of an estimate on revenues. Net income was $43.3 million, or $1.75 per diluted share, versus a net loss of $42.8 million, or $1.79 per diluted share, in the year-prior quarter. Adjusted for one-time...
Beyond has established a new executive structure to support Bed Bath & Beyond operations as well as those of a revived Overstock, which will function alongside its retail sibling as a clearance/off-price operation. In the new configuration, Marcus Lemonis has...
As it continues growing in the state, Conn’s HomePlus adds three new Georgia locations, all in metro Atlanta. The stores will open in the communities of Newnan, Stone Mountain and Douglasville. The latest Georgia openings bring Conn’s store total to six in the...
