Current:Home > FinanceHome goods retailer Conn's files for bankruptcy, plans to close at least 70 stores -Infinite Edge Capital
Home goods retailer Conn's files for bankruptcy, plans to close at least 70 stores
View
Date:2025-04-13 22:22:59
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 Gdhauari@gannett.com.
veryGood! (414)
Related
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Biden administration proposes rule that would require more firearms dealers to run background checks
- Here Are the 26 Best Amazon Labor Day 2023 Deals Starting at Just $7
- A drought, a jam, a canal — Panama!
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- After Maui’s wildfires, thousands brace for long process of restoring safe water service
- Spanish soccer star Aitana Bonmatí dedicates award to Jenni Hermoso; Sarina Wiegman speaks out
- Alabama lawmaker agrees to plead guilty to voter fraud
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Ellie Goulding Speaks Out After Getting Hit By Firework During Performance
Ranking
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- These kids are good: Young Reds in pursuit of a pennant stretch to remember
- Oprah Winfrey and Dwayne Johnson start Maui wildfires relief fund with $10M donation
- Your Labor Day weekend travel forecast
- North Carolina justices rule for restaurants in COVID
- Trace Cyrus, Miley Cyrus' brother, draws backlash for criticizing female users on OnlyFans
- Food ads are in the crosshairs as Burger King, others face lawsuits for false advertising
- With UAW strike looming, contract negotiations may lead to costlier EVs. Here's why
Recommendation
'We're reborn!' Gazans express joy at returning home to north
Trump trial in Fulton County will be televised and live streamed, Georgia judge says
These kids are good: Young Reds in pursuit of a pennant stretch to remember
More than 60% of Americans are living paycheck to paycheck. Here's what researchers say is to blame.
The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
With UAW strike looming, contract negotiations may lead to costlier EVs. Here's why
FIFA president finally breaks silence, says World Cup kiss 'should never have happened'
Trader Joe's issues latest recall for black bean tamales sold in select states