by THE WOODLANDS, Texas — Store-closing sales have started among 550 Conn’s HomePlus and Badcock Home Furniture & More locations.
The news follows closely on the heels of a breaking news report from Home News Now Wednesday stating that Conn’s HomePlus had filed for Chapter 11 bankruptcy protection, a move that follows Conn’s announcement on Tuesday to close 71 stores in 13 states, along with an additional 35 locations for sister company Badcock Home Furniture & More.
The retailer filed in U.S. Bankruptcy Court for the Southern District of Texas late Tuesday as Conn’s Appliances, which includes the trade names Conn’s and Conn’s HomePlus.
Los Angeles-based B. Riley Retail Solutions LLC is managing the liquidation event, both online and in over 550 stores across Alabama, Arizona, Colorado, Florida, Georgia, Louisiana, Mississippi, Nevada, New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee, Texas and Virginia. Store furnishings, fixtures and equipment are also available for sale.
“Conn’s and Badcock have served as a go-to destination for its loyal customers’ home goods necessities for over a century,” said Tim Shilling, president of B. Riley Retail Solutions. “This sale is an opportunity for shoppers to purchase a wide array of quality furnishings for every room in the home, including brand-name appliances and electronics at unprecedented discounts. Inventory will be available for a limited time only — everything must go.”
The liquidator indicated that all sales are final during this store closing event. There will be no returns or exchanges permitted for purchases made during the store-closing sales.
To read Home News Now’s report on the Chapter 11 filing, click here.
Home News Now will continue to provide updates to this developing story as they occur. Also, don’t miss tomorrow’s newsletter, featuring a deeper dive into the Conn’s bankruptcy and events leading up to it from Home News Now contributor Brian Carroll.
