The Woodlands, Texas-based Conn's HomePlus, a retail store chain offering furniture, mattresses, electronics, and appliances, has announced the nationwide closure of all of its retail stores, including all locations of Badcock Home Furniture, following its Chapter 11 bankruptcy filing in the Southern District of Texas. The company is still seeking a solution to its fiscal woes while paring back operations.
The closure will impact up to 4,000+ employees.
The company has issued no comments other than to send out a copy of its bankruptcy filing and notice of NASDAQ de-listing.
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall; why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?