electronics

Financials
FlexShopper Touts Strong December Results

FlexShopper, a national online lease-to-own retailer and LTO payment solution provider, has announced record year-over-year lease origination growth in December 2017, with gross lease originations increasing 27.5% to 25,140 from the month last year.

Retail
Rent-A-Center Appoints Fadel CEO

Rent-A-Center has appointed Mitchell Fadel, the company’s former president and chief operating officer and a current member of its board of directors, CEO, effective immediately.

Retail
Newegg To Expand Global Reach

Newegg has unveiled plans to expand its global e-commerce reach to dozens of countries in key parts of Asia Pacific, Europe, Latin America and the Middle East. Once complete, Newegg said it will reach customers in a total of 50 countries.

Financials
Conn’s Comps Tumble In Q4

In the fourth quarter, ended January 31, when it emphasized margin over sales growth, Conn’s recorded a net loss of $74,000, or $0 per diluted share, versus net income of $1.1 million, or three cents per diluted share, in the year-previous period.

Retail
hhgregg Files Chapter 11, Finds Buyer

After a series of setbacks, including poor holiday sales and delisting by the New York Stock Exchange, hhgregg has filed Chapter 11 bankruptcy protection and announced that it has found a buyer for the 132-store business that would emerge from the legal process.

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