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Conn’s HomePlus, a 134-year-old furniture and electronics retailer with locations primarily in the southern United States, has filed for bankruptcy and is closing nearly half of its 170 stores.
The news comes after the company filed for Chapter 11 bankruptcy earlier in July. Simultaneously, its sister company Badcock&More, which Conn’s Inc. acquired in December of last year, will also ...
Home goods retailer Conn's HomePlus filed for Chapter 11 bankruptcy protection and announced plans to close at least 70 locations across 13 states.
On July 23, 2024, Conn's announced that it would close up to 106 stores across from the Conn's and Badcock brands. 71 Conn's stores and 35 Badcock stores are set to close by the end of summer 2024. [7] That same day, Conn's filed for Chapter 11 bankruptcy protection in Texas, listing assets and liabilities of between $1 billion to $10 billion. [8]
On July 23, 2024, Conn's announced that it would close up to 106 stores across from the Conn's and Badcock brands. 71 Conn's stores and 35 Badcock stores are set to close by the end of summer 2024. [6] That same day, Conn's filed for Chapter 11 bankruptcy protection in Texas, listing assets and liabilities of between $1 billion to $10 billion. [7]
Conn's HomePlus filed for bankruptcy in July 2024 and announced that it would close 73 out of its 170 stores. [100] Not long after, additional reporting clarified that Conn's intended to wind down operations of both itself and sister chain Badcock, with all closures expected to be completed by October 31, 2024. [101] [102]
Bankruptcy has led to the closure of another chain store in Fayetteville. Furniture retailer Conn's Home Plus is closing all 170 stores, affecting 4,000 employees across 15 states, including a ...
In December 2023, Conn's acquired Badcock Home Furniture &more from the Franchise Group. [17] Conn's ended up filing for Chapter 11 bankruptcy in July 2024, and liquidated all of its namesake and Badcock stores by October 2024. [18] [19]