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  • Rough Draft Atlanta

    Bankrupt Badcock Home Furniture closing all Georgia stores

    By Dave Williams | Capitol Beat,

    1 day ago

    https://img.particlenews.com/image.php?url=1xixcU_0uvnlCP600

    A Florida-based furniture chain that has been a fixture in Georgia and other southeastern states for more than a century is going out of business.

    Badcock Home Furniture & More, with more than two dozen locations in Georgia, announced on Facebook Aug. 6 that it’s closing all of its more than 370 stores in eight southeastern states. Badcock’s announcement came after its parent company – Texas-based Conn’s – filed for Chapter 11 bankruptcy protection late last month.

    “We want to extend our heartfelt gratitude for being a valued customer of Badcock Home Furniture & More,” the company wrote on Facebook. “Regrettably, we are going out of business, and all stores will be closing over the coming months.”

    In the bankruptcy filing, Conn’s officials indicated the company owes creditors more than $100 million. Its financial struggles are being felt throughout the retail furniture business, as sales that peaked during the pandemic dropped off afterward.

    Badcock’s Georgia locations are scattered across the state, from Lakeland in South Georgia near the Florida line up through metro Atlanta, east to the Augusta region and up through Northwest Georgia all the way to Fort Oglethorpe near the Tennessee line.

    Meanwhile, Conn’s has seven locations in Georgia, mostly in metro Atlanta but also including Columbus and Augusta.

    Badcock has about 1,200 employees, all of whom will be out of work when the stores shut down by the end of October.

    The company provided answers to “frequently asked questions” on its Facebook posting to help customers through the process.

    While Badcock no longer is offering financing for purchases, customers who have financed purchases may continue to make payments online, by phone, by mail or at a store. Items may still be purchased, depending on inventory levels in the company’s warehouses.

    This story comes to Rough Draft via a media partnership with Capitol Beat.

    The post Bankrupt Badcock Home Furniture closing all Georgia stores appeared first on Rough Draft Atlanta .

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