Badcock Home Furniture and More is located 735 Helen Highway, Cleveland

(Cleveland)- Badcock Home Furniture & More in Cleveland as well as all locations of the furniture store chain will soon be closing their doors.

The announcement became public at the end of last week as store employees were informed. The furniture retailer has more than 300 stores in its portfolio.

Published reports say that the decision to close comes seven months after it was acquired by Conn’s HomePlus, which, according to a report in USA Today, has filed for bankruptcy.

Reports say more than 70 stores under the Conn’s brand will also be closing.

Cleveland, Cornelia, Toccoa, Athens, and many other cities around the state will feel the business loss. Online news service Furniture Today reported that the retailer’s path has been rocky from the highs of 2022 as economic uncertainty, rising costs, and consumer concerns led to slipping sales and losses.