120-year-old furniture chain to shut all 380 stores in weeks

Badcock Home Furniture & More, a retailer based throughout the southern US, announced Tuesday it would be closing every single one of its stores.

The 120-year old chain is owned by Conn's, which thanks to nearly $2 billion of debt and lots of overhead costs - much of which were associated with the acquisition of Badcock last year.

Badcock has over 380 stores in , , , , , South Carolina, Georgia and .

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