College Station Conn’s store not on list of closures following bankruptcy
COLLEGE STATION, Texas (KBTX) – Conn’s HomePlus, a 134-year-old furniture and electronics retailer with locations primarily in the southern United States, has filed for bankruptcy and is closing nearly half of its 170 stores, CNN has reported. However, College Station’s location won’t be one of them.
The Texas-based company, which filed for Chapter 11 bankruptcy protection on Tuesday, has been struggling with slumping sales amid a broader slowdown in discretionary spending among consumers. Conn’s has assets and liabilities worth at least $1 billion each, according to the filing.
The 73 Conn’s HomePlus stores closing are listed on its website.
Conn’s first announced in early 2020 that it was moving into the old Sears building at Post Oak Mall in College Station.
It is NOT on the list of planned closures. Instead, there are nine stores in Texas slated to close including locations in Dallas, Houston, Austin, Fort Worth, Texarkana, Wichita Falls, Webster, and Lewisville.
