The Texas location of a huge home improvement store is the latest in a string of closures around the country.
Conn’s HomePlus, a competitor of TJ Maxx, has declared that it will close a large store in Texas. Big closing notices have been up at three locations of the furniture and appliance company.
According to Texoma’s Homepage, a big store in Wichita Falls, Texas, which is close to the Oklahoma state border, is about to close its doors.
The initial opening for this 40,000-square-foot site was in August 2020. In Louisiana, the remaining stores will be shuttered.
A mall in Slidell, Louisiana, some 30 miles north of New Orleans, is one of these spots, as reported by Nola.com.
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It was also in 2020 that this shop opened. In the Facebook post’s comment section, many individuals expressed their shock at the news. I am astounded. One write-up mentioned how short their opening was.
A further observer pointed out that this was just one more instance of the dreaded retail apocalypse.
“Traditional storefronts have gone the way of the dodo,” they stated.
The increasing number of brick-and-mortar retailers shuttering their doors nationwide has been called the retail apocalypse.
Rumor has it that Conn’s is considering Chapter 11 bankruptcy as a result of this, as reported by Nola.com.
According to ScrapeHero, the network is headquartered in Texas and has 199 sites in 15 states. The Advocate also claims that Conn’s is about to shut down shop in Baton Rouge, Louisiana.
When exactly these locations will close is a mystery, according to the corporation. But they’re not the only ones going out of business nationwide.
Big Lots, another supermarket retailer, has recently announced that it will be closing as many as 40 shops this year.
The corporation said in June that 35–40 of its 1,389 stores will be permanently shuttering their doors.
The company’s upper echelons pointed fingers at inflation and the economy for the shift.
