Electronics and furniture retailer Conn’s HomePlus has filed for bankruptcy and is closing nearly half of its 170 stores, including five in Virginia and two in the Richmond area.
Conn’s HomePlus opened this store in May 2017 in Eastgate Town Center in eastern Henrico County. The Texas-based chain opened its second store in Chesterfield County in October 2018.
The stores on Nine Mile Road in Richmond and on Southgate Square in Colonial Heights are closing. The three other Virginia locations are in Portsmouth, Hampton and Virginia Beach. A full list of store closings is available at conns.com/store-closings.
In a news release on Thursday, Conn’s announced discounts of 30% to 50% for all in-store and online merchandise.
“B. Riley Retail Solutions, LLC is managing the liquidation event, both online and in over 550 stores across Alabama, Arizona, Colorado, Florida, Georgia, Louisiana, Mississippi, Nevada, New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, and Virginia,” the release said. …