Conn’s keeps stores open, cuts execs’ pay, delays expansion plans amid COVID-19
The Woodlands-based Conn’s Inc. (Nasdaq: CONN) has kept the majority of its stores open — and increased hourly wages for front-line employees by $2 per hour — amid the COVID-19 coronavirus pandemic.
The home goods and electronics retailer has remained open to “provide essential products and services that help customers adjust to in-home activities and lifestyles,” CEO Norm Miller said in a press release. Store hours have been adjusted to 10 a.m. to 7 p.m. “to provide additional flexibility…