December Same-Store CE Sales at Conn's Plummet 20.5%
December sales at Conn's jumped 2.5 percent to $137.5 million despite a 20.5 percent same-store sales decline in consumer electronics, it said Thursday. Excluding the videogame and digital camera categories Conn's recently exited, same-store CE sales fell 5.8 percent, it…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
said. December was hurt "by an expanded promotional time frame in the marketplace during November, which likely pulled sales forward into that month," the chain said. "Sales performance continued to be softer in our markets with greater oil industry concentration, consistent with the relative performance experienced since October."