Gigantic Retailer Closing Doors of 559 Stores Across America
It is hard to think about buying furniture when consumers are having a hard time putting food on the table.
Conn’s Inc. is now bearing the brunt of that reality. They filed for Chapter 11 bankruptcy on July 23, 2024.
559 stores will be closed according to the court filings. 310 of these locations are dealer-owned.
With them, they take 3,800 jobs across fifteen states.
This includes Arizona, Alabama, Texas, Colorado, Florida, Georgia, Louisiana, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee and Virginia.
You can chalk it up as yet another triumph for the Biden economy.
You can also add it to the pile of closings occurring across retail,
