Badcock Home Furniture & More, a 120-year-old furniture retailer based in Southern states, has begun a “going out of business” sale at all of its 380 stores.
The New York Post reported the company’s shuttering follows last week’s bankruptcy filing by its parent company Conn’s, a Texas-based furniture retailer that closed 2023 with a net loss of $77 million and recently received a delisting notice from Nasdaq. Conn’s reportedly acquired Badcock last year with the goal of boosting its sagging sales.
Badcock has locations in Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, and Virginia. The combined workforce of Conn’s and Badcock stores totals 3,800 full-time and 150 part-time workers.