Conn's Credit Card Program Available Through 65 Retail Locations
THE WOODLANDS, TEXAS & STAMFORD, CONN. - Conn's, Inc.
(NASDAQ: CONN), a
specialty retailer of home appliances, furniture,
mattresses and consumer electronics, and GE Capital
Retail Bank recently announced a multi-year extension of
their consumer finance program. GE Capital's Retail Finance
business, the operating entity that provides
financial solutions to retailers and dealers to help
grow their customer sales, will continue to manage the
Conn's relationship and service the account, which
originally launched in 2009.
"Conn's has been one of the region's leading
retailers for more than a century and the vast majority of
their sales involve financing," said Paul Schell,
general manager, Consumer Electronics and Appliances for GE
Capital's Retail Finance business. "We're
honored to continue working with Conn's to provide
convenient financing options that help satisfy their
customers and solutions that help Conn's continue to
build their business."
The
consumer financing program was expanded and extended
through 2016, providing qualifying customers with access to
a Conn's-branded credit card and special financing
options. Customers can apply for the Conn's Card in stores,
as the Conn's credit program is available at all of its
retail and clearance store locations in Texas, Louisiana
and Oklahoma.
"Through various financing programs offered to
qualified customers by GE Capital, customers have access to
a dedicated line of credit to use for all of their
purchases at Conn's," commented Theodore M. Wright,
chairman and CEO, Conn's. "Our relationship with
GE Capital has assisted us in providing our customers with
greater value and more convenient and flexible ways to pay
for durable goods for their home."
About Conn's, Inc.
The Company is a specialty retailer currently operating 65
retail locations in Texas, Louisiana and Oklahoma: with 22
stores in the Houston area, 14 in the Dallas/Fort Worth
Metroplex, seven in San Antonio, three in Austin, one in
Waco, five in Southeast Texas, one in Corpus Christi, four
in South Texas, six in Louisiana and two in Oklahoma. 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.
About GE Capital's Retail Finance business
GE Capital's Retail Finance business is among the country's
most successful retail lenders, with more than 75 years of
experience in consumer financing. The business, which
originates loans as a unit of GE Capital Retail Bank,
provides customized credit programs to retailers and
consumers in the United States and Canada that help drive
sales. This includes private label and bankcard credit
programs to major national, regional and independent
retailers in the U.S., as well as private label credit
programs, promotional and installment lending, bankcards
and financial services for consumers through dealers;
contractors; manufacturers; healthcare practices; and
service providers across nearly 20 industries. We are not
just bankers; we help clients build better businesses. More
information can be found at www.gogecapital.com and
twitter.com/GoGECapital.
GE Capital is one of the world's largest providers of
credit. For over one million businesses, large and small,
GE Capital provides financing to purchase, lease and
distribute equipment, as well as capital for real estate
and corporate acquisitions, refinancings and
restructurings. For our 100+ million consumer customers, GE
Capital offers credit cards, sales finance programs, home,
car and personal loans and credit insurance. For more
information, visit www.gecapital.com or follow
company news via Twitter @GECapital.
GE (NYSE: GE) works on things that matter. The best people
and the best technologies taking on the toughest
challenges. Finding solutions in energy, health and home,
transportation and finance. Building, powering, moving and
curing the world. Not just imagining. Doing. GE works.www.ge.com.
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