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Home goods retailer Conn's files for bankruptcy, plans to close at least 70 stores

2024-12-26 09:18:54 source:lotradecoin token Category:Finance

Home goods retailer Conn's HomePlus filed for Chapter 11 bankruptcy protection Tuesday and announced plans to close at least 70 locations across 13 states.

On its website, Conn's says it will close 18 locations in Florida, nine in Texas and seven in Arizona. Other states that will see stores close include Virginia, Colorado, Mississippi and Oklahoma, among others.

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 bankruptcy in the U.S. Bankruptcy Court for the Southern District of Texas.

The retailer said in its fourth quarter earnings call in April that total revenue was down 7.8% year over year and that the company posted a net loss of nearly $77 million for the year. In December 2023, the company acquired W.S. Badcock, another home goods retailer that operates in the southeastern U.S. under the name "Badcock Home Furniture & More."

The acquisition meant the company would have over 550 stores across 15 states between the two brands, however Badcock also announced it is closing 35 stores.

Conn's did not immediately respond to a USA TODAY request for comment.

Conn's HomePlus locations closing

Here's a full list of the Conn's stores that will be closing, according to the company.

Alabama (1 store)

  • Birmingham: 9530 Parkway East Roebuck

Arizona (7 stores)

  • Tucson: 5530 E. Broadway Blvd
  • Tucson: 3742 W River Road Suite 150
  • Chandler: 2820 W. Chandler Blvd Suite 8
  • Tempe: 5000 S Arizona Mills Cir
  • Phoenix: Arcadia Crossing - 4531 East Thomas Road
  • Phoenix: 2820 West Dunlap
  • Yuma: 1190 S. Castle Dome Ave

Colorado (6 stores)

  • Colorado Springs: 345 N Academy Blvd
  • Aurora: 60 S Abilene
  • Englewood: 3950 River Point Parkway
  • Arvada: 7360 W 52nd Ave
  • Denver: 550 E 102nd Ave
  • Fort Collins: 120 Bockman Dr

Florida (18 stores)

  • Port Richey: 9642 US Highway 19 North
  • Pinellas Park: 7300 US Highway 19 N
  • Tampa: 3908 W Hillsborough Ave
  • Bradenton: 4495 14th Street W
  • Ocala: 2800 SW 24th Ave. Suite 200
  • Orlando: 7407 West Colonial Drive
  • Altamonte Springs: 130 E. Altamonte Drive Suite 1700
  • Orlando: 1631 Florida Mall Ave
  • Orange City: 810 Saxon Blvd
  • Kissimmee: 105 W Vine Street
  • Orlando: 2628 East Colonial Drive
  • Daytona Beach: 2500 W International Speedway Blvd., Suite 700
  • Melbourne: 1433 S Babcock Street
  • West Palm Beach: 4340 Okeechobee
  • Boynton Beach: 9903 S. Military Trail
  • Hialeah: 3890 West 18th Ave
  • Hollywood: 500 N. University Drive
  • Jacksonville: 9278 Arlington Expressway

Georgia (2 stores)

  • Newnan: 1098 Bullsboro Drive
  • Stone Mountain: 1825 Rockbridge Road

Louisiana (6 stores)

  • Alexandria: 3437 Masonic Dr
  • Shreveport: 7081 Youree Dr
  • Baton Rouge: 10780 N. Mall Drive
  • Monroe: 3650 Millhaven Rd
  • Houma: 1779 Martin Luther King Jr. Blvd., Suite 400
  • Slidell: 150 Northshore Blvd

Mississippi (2 stores)

  • Jackson: 1051 E. County Line Rd
  • Southaven: 570 Main Street

North Carolina (4 stores)

  • Charlotte: 9567 South Boulevard
  • Charlotte: 5704 E. Independence Blvd
  • Greensboro: 3508 Gate City Blvd
  • Raleigh: 2900 E. Millbrook Road

Oklahoma (3 stores)

  • Oklahoma City: Midland Center Shopping C 3315 NW Expressway, Suite B
  • Tulsa: 10143 E. 71 Street
  • Tulsa: 6921 E. Admiral Pl

South Carolina (3 stores)

  • Florence: 2530 David McLeod Blvd
  • Rock Hill: 548 John Ross Parkway
  • North Charleston: 4960 Centre Pointe Drive

Tennessee (4 stores)

  • Memphis: 3525 Riverdale Road
  • Memphis: 3260 Austin Peay Highway
  • Madison: 1655 Gallatin Pike North
  • Knoxville: 151 N. Peters Road

Texas (9 stores)

  • Dallas: 4351 DFW Turnpike #300
  • Houston: 11051 Northwest Freeway
  • Webster: 1020 West NASA Road #266
  • Austin: 5431 N. Interstate 35
  • Fort Worth: 4200 S. Freeway Suite 1740
  • Dallas: 11250 North Central Expy
  • Lewisville: 2422 S. Stemmons Fwy
  • Texarkana: 2315 Richmond Road
  • Wichita Falls: 3915-A Kell Blvd

Virginia (5 stores)

  • Colonial Heights: 120 Southgate Square
  • Richmond: 4969 Nine Mile Rd
  • Portsmouth: 2550 Airline Blvd
  • Hampton: 1082 W. Mercury Blvd
  • Virginia Beach: 3421 Virginia Beach Blvd

Gabe Hauari is a national trending news reporter at USA TODAY. You can follow him on X @GabeHauari or email him at [email protected].