The company sells furniture, appliances and electronics, and has stores in 15 states.
Conn’s HomePlus filed for Chapter 11 bankruptcy on Tuesday and has assets and liabilities worth at least $1 billion each, according to the CNN report.
Last year, Conn’s bought W.S. Badcock, another home goods retailer that operates under the “Badcock Home Furniture & more” name and increased the company’s total retail footprint to more than 500 stores among the two brands, however, 35 Badcock stores are also closing, CNN reported. Conn’s is closing stores in the following states: Alabama , Colorado , Florida , Georgia , Louisiana , Mississippi , North Carolina , Oklahoma , South Carolina , Tennessee , Texas and Virginia .Harrisburg University to close international campuses due to financial issues
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