Outlets in bankruptcy: they sell their products with 80% discounts

Through a statement the well-known outlet retail chain, Conn’s Home Plus announced to its consumers the closure of its stores throughout the United States after declaring bankruptcy on July 23.

The retailer with approximately 170 branches throughout the country explained that The closing will take place on October 31 of this year with 80 and 90% discounts throughout its inventory so that its customers can enjoy the latest products and items that the company sold.

It is for this reason that after the announcement, in order to enjoy the offers and promotions, several consumers have approached the stores.

Conn’s Home Plus had more than 100 years in the retail market, It had about 4,000 employees on its payroll from its 170 stores in 15 states in the country.within its warehouses you could buy household items, appliances, furniture and more.

However, like many retailers, this year Conn’s Home Plus decided to close its locations due to the poor performance of its stores, The company accumulated a debt of more than $5 million dollars with several of its creditors so it ended up relying on the Bankruptcy Law.

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