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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]
Conn's operates over 170 stores in 15 states across the southern United States and employs over 4,000 people, the company's website says. Headquartered in The Woodlands, Texas, Conn's filed for ...
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.
Conn's has had three consecutive years of fiscal losses. Customers are also buying less in response to rising living costs. The company's shares have plummeted over 80% in 2023 and now trade at ...
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