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Conn's Shifts Focus to Mattresses, Furniture
December 13,
2012 by in UnCategorized
By Aggregated Content in Business Strategy on December 14, 2012
from http://www.reuters.com/article/2012/12/14/us-conns-coo-idUSBRE8BD16L20121214
Electronics and furniture retailer Conn's Inc. said it would reduce its dependence on consumer electronics and shift its focus to the higher-margin furniture and mattresses business to drive sales over the next few years.
"We expect (the furniture and mattresses business) to become over time the top revenue segment," Chief Operating Officer Mike Poppe said.
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