News & Trending Debt & Bankruptcy News

Popular Home Decor and Furnishings Store Considers Bankruptcy: Will One Near You Close?

You may have to find a new place to shop as this retailer closes locations.

conns home plus building
Updated Sept. 23, 2025
Fact check checkmark icon Fact checked

Home goods stores have been struggling in recent years, with many locations shutting their doors.

The issues have also spilled over to regional stores such as Conn's HomePlus, which has locations mainly in Southern states.

Here is what you need to know about how tough times at Conn's HomePlus could hurt your chances to save money shopping with the retailer.

Get a protection plan on all your appliances

Did you know if your air conditioner stops working, your homeowner’s insurance won’t cover it? Same with plumbing, electrical issues, appliances, and more.

Whether or not you’re a new homeowner, a home warranty from Choice Home Warranty could pick up the slack where insurance falls short and protect you against surprise expenses. If a covered system in your home breaks, you can call their hotline 24/7 to get it repaired.

For a limited time, you can get your first month free with a Single Payment home warranty plan.

Get a free quote

What is Conn's HomePlus?

Brett/Adobe conns home plus store

Conn's HomePlus is a discount furniture retail chain with more than 170 stores across 15 states, mainly in the South. It currently has more than 4,000 employees and is based in The Woodlands, Texas, near Houston.

The company sells furniture, home appliances, electronics, and more through its store locations and online.

Why might Conn's HomePlus file for bankruptcy?

Jodie Johnson/Adobe sofa with styled cushions

Conn's HomePlus reportedly is considering filing for Chapter 11 bankruptcy, allowing it to restructure its business in the wake of struggling sales.

Conn's also acquired home goods retailer W.S. Babcock last year and is facing issues with integrating the new business into its existing company.

Conn's recently hired a financial firm to help it restructure its debt load and assist it through a possible bankruptcy filing, according to news reports.

Where is Conn's HomePlus closing stores?

Mihail/Adobe woman buying cooking range in store

The company hasn't announced any store closings yet, but they could be coming if the retailer restructures under bankruptcy.

States that could be affected by closings include:

  • Alabama
  • Arizona
  • Colorado
  • Florida
  • Georgia
  • Louisiana
  • Mississippi
  • Nevada
  • New Mexico
  • North Carolina
  • Oklahoma
  • South Carolina
  • Tennessee
  • Texas
  • Virginia

Other furniture retail chains that are struggling

JackF/Adobe comfortable mattresses

Conn's HomeGoods isn't the only retail furniture chain that has struggled in recent years.

Z Gallerie filed for Chapter 11 bankruptcy last year. So did Mitchell Gold + Bob Williams. Home goods retailer Tuesday Morning also closed its doors for good last year.

Today's Conn's HomePlus

Nomad_Soul/Adobe TV in electronics store

Conn's HomePlus started as a plumbing and heating company at the end of the 1800s before moving into home appliances and then furniture.

The company has expanded during the past 15 years. It was operating in three states in 2008 and is now in 15 states with more than 170 locations.

Where to shop instead

MichaelVi/Adobe costco wholesale signboard

Conn's HomeGoods sells many items that you may be able to buy somewhere else, especially if you're looking for a good deal.

You can search for other local chains or independent stores in your area to find something you need. A great Costco hack is to purchase furniture from that retailer. You can also buy furniture at Sam's Club.

Remember that there are also some great online stores that can help you find good deals.

Bottom line

Kristian/Adobe couch placed in the middle of the living room

Conn's HomePlus might be struggling, but there may be other shopping options that can help you eliminate money stress.

As always, shopping around and comparing prices is the best way to get a great price on home decor and furnishings.

Financebuzz awards badge
2025 award winner Best Overall Cash Back Credit Card

Benefits

Card Details

  • Low spend threshold for its welcome offer — $200 cash rewards bonus after spending $500 in purchases in the first 3 months
  • Cell phone protection benefit (subject to a $25 deductible)
  • Can redeem rewards at an ATM for literal cash
  • Apply Now
  • Apply Now to take advantage of this offer and learn more about product features, terms and conditions.
  • Earn a $200 cash rewards bonus after spending $500 in purchases in the first 3 months.
  • Earn unlimited 2% cash rewards on purchases.
  • 0% intro APR for 12 months from account opening on purchases and qualifying balance transfers. 18.99%, 23.99%, or 28.99% variable APR thereafter; balance transfers made within 120 days qualify for the intro rate and fee of 3% then a BT fee of up to 5%, min: $5
  • $0 annual fee.
  • No categories to track or remember and cash rewards don’t expire as long as your account remains open.
  • Find tickets to top sports and entertainment events, book travel, make dinner reservations and more with your complimentary 24/7 Visa Signature® Concierge.
  • Up to $600 of cell phone protection against damage or theft. Subject to a $25 deductible.
Wells Fargo Active <span class='whitespace-nowrap'>Cash<sup>®</sup></span> Card
5.0
info
Apply Now

on Wells Fargo’s secure website

Read Card Review

Intro Offer

$200 cash rewards bonus after spending $500 in purchases in the first 3 months

Annual Fee

$0

+

Why we like it


Must-Read Buzz

Financebuzz logo

Thanks for subscribing!

Please check your email to confirm your subscription.