Badcock Home Furniture &more

W.S. Badcock LLC

Company type	Private
Industry	Retail (furniture)
Founded	January 1, 1904 (1904-01-01) in Mulberry, Florida, United States
Founder	Henry S. Badcock
Defunct	2024 (2024)
Fate	Acquired by Conn's in 2023; closed following Conn's Chapter 11 bankruptcy in 2024
Headquarters	Mulberry , United States
Area served	Southeastern United States (8 states)
Key people	Robert B. Burnette (president)
Products	Furniture
Number of employees	3950 (2024)
Parent	Conn's (from 2023)

W.S. Badcock LLC (commonly branded as Badcock Home Furniture & More) was a prominent American retail chain consisting of over 370 company-operated and dealer-affiliated furniture outlets spanning eight southeastern states. Robert B. Burnette served as president of Badcock Home Furniture, having previously held the position of chief operating officer within the company.

History

File:Badcock Orig.jpg

The inaugural Badcock store in Mulberry, Florida, established in 1904.

The origins of the company trace back to 1904 when Henry S. Badcock launched the first store in Mulberry, Florida. In 2004, the retailer was honored as a centennial business by Florida Governor Jeb Bush, marking its 100 years in operation. Prior to this recognition, Furniture Today magazine had ranked it among the top 25 furniture retailers based on sales figures. In December 2023, it was announced that Conn's had finalized its acquisition of W.S. Badcock LLC.

By July 2024, Conn's issued a warning regarding a potential Chapter 11 bankruptcy filing in the near future, attributing this consideration to inflationary pressures and declining sales performance. The acquisition of Badcock was cited as a contributing factor to Conn's ongoing financial difficulties and substantial losses. On July 23, 2024, Conn's revealed plans to shutter up to 106 retail locations across both the Conn's and Badcock brands, including 71 Conn's stores and 35 Badcock outlets scheduled for closure by the end of summer.

Simultaneously on July 23, Conn's formally filed for Chapter 11 bankruptcy protection in Texas, reporting assets and liabilities estimated between $1 billion and $10 billion. The following day, reports emerged indicating that Conn's intended to wind down operations entirely, closing nearly all of its approximately 600 combined Conn's and Badcock stores with liquidation sales projected to conclude by October 31, 2024.

According to bankruptcy documents, Conn's continues to operate roughly 150 additional stores but carries a debt burden totaling $2 billion. The publicly traded company recorded a net loss of $77 million for the year ending in 2023, as disclosed in an April financial report.

The bankruptcy filing further detailed that Conn's expects to close all remaining Badcock and Conn's retail locations, which collectively employ approximately 3,800 full-time and 150 part-time workers. Operating across 15 states, Conn's maintains a network of 553 retail outlets along with 22 distribution and service centers, inclusive of its Badcock stores.