Rent-to-Own Home Goods Retailer Conn’s Seeks Fresh Liquidity

Conn’s Inc. has been working with JPMorgan Chase & Co. bankers to secure fresh capital as the specialist home-goods retailer grapples with a slowdown in consumer spending.

Prospective investors have signed confidentiality agreements to look at options that would give The Woodlands, Texas-based firm more financial flexibility, including money for its day-to-day operations, according to people with knowledge of the situation, who asked not to be identified because the talks are private.

Representatives for Conn’s and JPMorgan declined to comment.

Earnings can be volatile given that the company tends to sell household goods and electronics to customers with subprime credit ...