Conn's HomePlus entered Birmingham with two new stores in 2019. Conn's HomePlus entered Birmingham with two new stores in 2019.

LAKELAND, FL—Houston-based specialty retailer Conn's Inc. reports it will enter the State of Florida next year with the opening of a 413,000-square-foot Conn's HomePlus distribution center here.

The announcement follows the opening of two stores last month by Conn's Home Plus in Birmingham, AL. Once operational next year, Conn's Home Plus, which specializes in the sale of furniture, mattresses, home appliances and consumer electronics will have a presence in 15 states.

The opening of the Conn's HomePlus Lakeland distribution center in August 2020 will create approximately 50 new full-time jobs, with an estimated 720 additional statewide jobs generated as the retail showrooms open. The first Florida showroom is slated to open in September 2020.

"With strong operating performance and financial results, we are excited to announce plans to enter the Florida market next fiscal year," said Norm Miller, Conn's HomePlus chairman and CEO. "We believe the state of Florida can support over 40 Conn's HomePlus locations, representing a significant expansion to our store base."

The Conn's HomePlus Lakeland distribution center will be located along Interstate-4, a key logistics corridor, located less than 45 minutes from Tampa and Orlando.

"From a logistics standpoint, Lakeland is an excellent market to select for the first Conn's HomePlus distribution center in Florida," says Randy Kendrick, co-founder and CEO of Xebec Realty, the owner and developer of the Lakeland distribution center. "It's central to two of the fastest growing metropolitan areas and is a region that has attracted many other top retailers. We're proud to be part of Conn's HomePlus entrance into the state."

Conn's HomePlus currently operates 133 retail locations in Alabama, Arizona, Colorado, Georgia, Louisiana, Mississippi, Nevada, New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee, Texas and Virginia. The firm has plans to open four new additional locations this fiscal year, which will bring the total number of new stores opened this fiscal year to 14, which is the highest number of new stores opened in four years for the retailer.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.