Conn’s began in 1934 when Carol Washington Conn, Sr. purchased a plumbing company and named it Conns Plumbing and Heating.
In 1937, the company began selling gas ranges and refrigerators.
In 1940, a physical store was opened on Pearl Street in Beaumont, Texas.
In 1959, a second store was opened on 11th Street.
In 1964, Conn Credit Corporation was founded to help consumers finance their purchases from Conns.
In 1966, C.W. Conn Jr. took over as company president and CEO. The company operated 4 stores at this time.
The company expanded under his leadership and eventually went public on the NASDAQ in 2003 under the ticker symbol CONN. In 2019, the company had $1.544 billion in revenue.
Today, the company has 161 retail locations that sell electronics, furniture, and appliances.
In August 2020, Conn’s stated that there was a computer glitch which caused robocalls to credit customers warning them of overdue payments. Some customers stated that new charges appeared on their accounts as well.
While profits have been lower for Conn’s due to the coronavirus, the stock has soared in November 2020.
Conn’s maintain’s a corporate office in The Woodlands, Texas.