ATLANTA – Badcock Home Furniture & More, with more than two dozen locations in Georgia, announced on Facebook last week that it’s closing all of its more than 370 stores in eight southeastern states.
Badcock has operated a store in Statesboro on Northside Drive just west of East Main St. for many years. Badcock said all its stores would be closed by the end of October. The store’s sign fronting Northside Drive states: “Store closing. Everything must go. 30% to 50% off.”
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.
In addition to Statesboro, 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 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.