Two century-old home furnishings retailers are coming down. Seven months after it was acquired by Conn's HomePlus, furniture retailer Badcock Home Furniture & More , founded in Mulberry in 1904, is closing all of its more than 300 stores including around 80 in Florida. The company verified it in a comment on its Facebook page Friday.
W.S. Badcock, which operates in the southeastern U.S. under the name "Badcock Home Furniture & More," was acquired in December 2023 by home goods retailer Conn's, giving the Texas-based chain more than 550 stores across 15 states between the two brands.
Is Conn's HomePlus closing?
On Tuesday the 134-year-old Conn's announced the company was filing for Chapter 11 bankruptcy protection and closing at least 73 HomePlus locations across 13 states . Florida will lose the most, with Conn's HomePlus shuttering 18 of the state's 21 locations. All of the Badcock stores will be closing.
The Badcock location in Bonifay, Florida posted an emotional goodbye on Facebook Thursday ,
"We found out Tuesday afternoon, after 120 years, Badcock Home Furnishings and more will be closing ALL stores," the post read. "Yes, EVERY store. Like you, we are shocked and overwhelmed. We feel like a family member has died. We've shed many many tears over the last few days and have prayed more than we ever have.
"We were excited about the changes. Conns offered very competitive pricing on appliances and electronics, an area where we've sometimes struggled," the post said. "What we didn’t know, was that Conns was already a sinking ship before acquiring Badcock. We have thought of Badcock as the little lifeboat, floating out in the big ocean. As Conns sunk deeper and deeper, they grabbed ahold of Badcock, sinking the little lifeboat with the big ship."
Store liquidation sales for both brands will have starting discounts of 30-50% across in-store and online merchandise , including name-brand furniture, home electronics and appliances, according to a company press release. All items must be sold, all sales are final. Store furnishings, fixtures, and equipment are also available for sale, the release said.
Why is Badcock going out of business?
Conn's HomePlus said in its fourth-quarter earnings call in April that total revenue was down 7.8% year over year and the company posted a net loss of nearly $77 million for the year. Shares for the company have dropped more than 90% for the year and the company received a delisting notice from Nasdaq a few weeks ago, CNN reported .
This comes during a year when Walgreens closed locations , Walmart closed all 51 of its health centers, restaurant chains like Red Lobster , Tijuana Flats , TGI Fridays and Hooters announced closings and retail outlets such as Big Lots , rue21 . Express , Best Buy , Macy's , Dollar Tree and Family Dollar all announced bankruptcies or location reductions.
Which Conn's HomePlus stores are closing in Florida?
Here are the Conn's stores that will be closing , according to the company.
- Altamonte Springs: 130 E. Altamonte Drive Suite 1700
- Boynton Beach: 9903 S. Military Trail
- Bradenton: 4495 14th Street W
- Daytona Beach: 2500 W International Speedway Blvd., Suite 700
- Hialeah: 3890 West 18th Ave
- Hollywood: 500 N. University Drive
- Jacksonville: 9278 Arlington Expressway
- Kissimmee: 105 W Vine Street
- Melbourne: 1433 S Babcock Street
- Ocala: 2800 SW 24th Ave. Suite 200
- Orange City: 810 Saxon Blvd
- Orlando: 1631 Florida Mall Ave
- Orlando: 2628 East Colonial Drive
- Orlando: 7407 West Colonial Drive
- Pinellas Park: 7300 US Highway 19 N
- Port Richey: 9642 US Highway 19 North
- Tampa: 3908 W Hillsborough Ave
- West Palm Beach: 4340 Okeechobee
Which Conn's HomePlus stores will still be open?
So far, these locations are not included in the list of closing stores.
- Lakeland: 8401 FL 33, Suite 180
- Pembroke Pines: 500 N. University Dr
- Pensacola: 7171 N. Davis, Suite 300
Which Badcock Home Furniture & More locations are closing in Florida?
According to the retailer's Facebook page , all the Badcock Home Furniture & More locations will be closing.
When will the Conn's HomePlus and Badcock Home Furniture & More locations shut their doors?
According to the filing, Conn's HomePlus is seeking court approval to complete going-out-of-business sales by Oct. 31 and reject store leases.
This article originally appeared on The Daytona Beach News-Journal: Badcock Home Furniture & More closing all stores in Florida. 50% off furniture sales ahead
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