Same-store CE Sales at Conn’s Fell 22.5% in March, Retailer Says
March sales at Conn’s jumped 0.6 percent from the same month a year earlier to $104.4 million, the retailer said in a Thursday announcement. But same-store sales fell 8.5 percent, including a 22.5 percent decline in consumer electronics, it said.…
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That Easter Sunday fell in March this year was one factor in the lower March sales because Conn’s stores were closed throughout the chain that day, said CEO Norm Miller in a statement. Though March started off slowly, “we did see significant improvement during the final two weeks” of the month, when overall same-store sales increased 1.5 percent, he said.