Conn’s to Open Its First Florida Store in Fiscal Year Ending January 2021, Says CEO
Conn’s will lease a 400,000-square-foot distribution center in central Florida opening within a year that will support its expansion into the state, said CEO Norm Miller on a Q2 call Tuesday. “Florida is a logical next step for our geographic…
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expansion as it is contiguous to our existing footprint,” he said. “It’s home to over 21 million people and supports an attractive rate environment for our in-house credit offering.” Conn’s expects to open its first Florida store in the second half of the fiscal year ending January 2021, he said: “Ultimately, we believe the state of Florida could support over 40 Conn's locations, which would represent a significant expansion to our current store base.”