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Texas A&M partners with GameStop and IBM to found institute
College Station, Texas -- The Center for Retailing Studies (CRS) at Texas A&M University’s Mays Business School has united with GameStop and IBM to found the GameStop Technology Institute (GTI), a consortium of technology corporations and academic institutions focused on discovering and delivering business innovation and technology solutions to better address the needs of today’s empowered consumer.
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Conn’s has convincing Q4; plans 15-20 stores
The Woodlands, Texas – Conn’s Inc. reported net income of $27.73 million in the fourth quarter of fiscal 2014, up 57% from $17.66 million in the same quarter the prior fiscal year. The retailer intends to open 15 to 20 new stores during fiscal 2015.
Net sales grew 45% to $301.63 million from $250.34 million, and same-store sales increase 33.4%. Conn’s said significant sales growth was reported across all major product categories during the quarter, and the company opened six new stores in that time.