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After $60 million loss, Conn's HomePlus turns to easier credit and lease-to-own options

Summary by Ground News

Conn's HomePlus lost $59.3 million for the fiscal year ended Jan. 31. Revenue fell by more than 15 percent to $1.3 billion. In-house lease-to-own was launched last month under the name Improvement Financial. Conn's plans to offer Improvement Financial online and in the majority of its stores by the end of 2024.

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Houston Chronicle

After $60 million loss, Conn's HomePlus turns to easier credit and lease-to-own options

The Woodlands based homegoods and furniture retailer Conn's HomePlus saw revenue and sales decline due to inflation and shipping costs.

2 years ago·Houston, United States

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Houston Chronicle broke the news in Houston, United States 2 years ago on Wednesday, March 29, 2023.

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