The growth aspirations of Conn’s were revealed in the span of a few days recently when, with a new CEO at the helm, it entered the Georgia market and increased its presence in Colorado.
Conn’s Inc. named a new CEO as part of a planned succession, and also announced it beat Wall Street expectations for profit in the second quarter.
Newmark Grubb Knight Frank Retail Services has appointed Jessica Curtis as senior managing director in the Greenwich, Conn., office.
Horizon Group Properties has announced an agreement to develop a new outlet center in East Hartford, Conn.
Conn’s Inc. reported that it earned $7.7 million in the quarter ended Jan. 31, compared with a loss of $3.6 million in the year-ago period.
Conn’s announced that it plans to close five underperforming stores during January 2012.
Ron Eigenbrod, founder & CEO of Lightstat Inc., Pleasant Valley, Conn., died suddenly at his New Hartford home on Christmas Eve of a heart attack.
Conn’s Inc. reported Thursday that losses in the third quarter widened to $12.7 million from $4.8 million a year ago.
Conn’s announced that it completed a $20 million expansion, to $450 million, of its revolving credit facility, which expires in July 2015.