After more than 100 years of serving the Golden Triangle, Conn’s stores are hosting a “Going Out of Business Sale,” featuring name brand appliances, furniture and other items from 50-70% off – a great deal depending on what the price is being discounted.
As revealed from a price check comparing identical items, the company’s last days sales event is failing to post better prices than those routinely offered at other national-brand stores in Southeast Texas, such as Best Buy, Lowe’s and Home Depot.
The Examiner price searching showed that some people could be paying higher prices for some products that are advertised with mark-offs from 50-70%. According to the company’s website, the extra discounts are valid until Oct. 9 – and all sales are final.
Earlier this week, a Samsung AutoRelease Smart 39dBA dishwasher with linear wash in stainless steel sold by Conn’s was listed at 55% off at $1,199.99. The same dishwasher was selling on Samsung.com and Lowes. com for $799, $400 lower than the Conn’s “sale” price.
A black Samsung over-the-range microwave (2.1 cubit feet, 1,000 watts with sensor cook) was $290 at Conn’s, 50% off the listed price of $579. A similar stainless steel model was list at $299, $160 off the original price of $459, on Lowes.com.
A Conn’s GE range was listed at $3,799, minus the 50% off, and HomeDepot.com, BestBuy.com and Lowes.com have the same product listed originally at $3,777. HomeDepot is offering $1,279 off the original price, Lowes.com dropped $1,078 off the price and BestBuy.com’s price is $900 off.
A LG French Door refrigerator (30 cubic feet capacity, stainless steel, fully convertible drawer, measured fill dispenser, craft ice maker and door-indoor) was priced at $4,299.99 minus the 50% off ($2,149.99). LG.com lists the same product at $2,499, $1,500 off the original $3,999 and HomeDepot. com lists at $2,999, $300 off the original price of $3,299.
Also, an out-of-the-box stainless steel slide-in range listed at Conn’s as 50% off of its $2,199.99 price tag, or $1,099.99, can be purchased from HomeDepot.com for $1,298, $801 off the original price of $2,099. Lowes. com has the same product marked $800 less than the original $1,299.
A Samsung 65-inch QLED 4K Smart TV is listed at $1,400 at Conn’s, 50% off of the original $2,999 price. Best- Buy.com has the same TV listed at $1,499.99, $100 off the original price of $1,599.99.
An Apple MacBook Air M2 256 computer, at 50% off, would cost $850 at Conn’s. It was initially priced at $1,699.99. A similar computer, originally priced at $999, is $859 on Best- Buy.com.
Two employees, who have worked less than 18 months for Conn’s, confirmed that a liquidation company is handling the store’s closing sale.
Liquidation is selling off goods and assets to pay off debts, according to ASDonline.com. Liquidation companies buy these items at a discount and then resell them to the public, often dealing in brand-name products from well-known companies.