After several weeks of retailers reporting less than spectacular fourth quarter and full year sales, it's a pleasure to note that some stores did quite well – and plan to expand.
Home appliances retailer Conn's reported a comp-store sales increase of 26.5 percent for fiscal 2014, with a 33.4 percent increase in the fourth quarter. The company opened 14 new locations last year, and plans 15 to 20 new stores this year.
“Our business model demonstrated its strength and resilience despite the challenges from portfolio growth and weather in our credit operation in the fourth quarter,” said Theodore M. Wright, Chairman and CEO.
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