Retail chain, At Home, announces further store closures due to ongoing financial difficulties.
At Home, the popular home decor retailer, has announced that it will be closing an additional six stores as part of its Chapter 11 bankruptcy restructuring plan. This brings the total number of stores set to close by September 30, 2025, to 32.
The retailer, which operates approximately 260 stores across 40 states, initially planned to close 26 underperforming stores. However, due to the challenging retail environment and the impact of the pandemic and inflation, the company has decided to close an additional six stores.
The closures span multiple states, including Illinois and New Jersey, with locations such as 5203 W. War Memorial Drive, Peoria, IL, and 461 Route 10 East, Ledgewood, NJ, now on the list.
Currently, all closing locations are holding liquidation sales, offering up to 30% off storewide on furniture, décor, and seasonal items. Store fixtures and equipment are also for sale. It's important to note that purchases made after August 1 at closing stores will be final sale, with a revised return policy limiting returns after August 12.
Gift cards, certificates, loyalty points, and credit card rewards will continue to be accepted through August 14 at these locations.
At Home attributes its financial difficulties to a combination of factors, including a heavy debt load, supply chain disruptions, tariffs, and a challenging retail environment. The company filed for Chapter 11 bankruptcy on June 16, aiming to restructure $2 billion in debt and secure $200 million in financing.
This restructuring plan is backed by existing lenders holding over 95% of its debt, with the aim of emerging leaner, under new ownership, and financially stable.
Customers can find the closing store nearest them on the At Home website: https://www.shopgenius.com/athome. It's essential to note that only in-store discounts are valid during the sales; coupons and other non-employee discounts will not be applied in addition to sale prices.
At Home joins other mid-tier home goods chains such as The Container Store, Big Lots, and Bed Bath & Beyond, which are also facing financial distress. This marks a significant restructuring for the home goods retail sector.
The home decor retailer, At Home, facing financial struggles due to a challenging retail environment, the pandemic, and inflation, is now closing an additional six locations, bringing the total number of stores set to close by September 2025 to 32. This move is part of the company's Chapter 11 bankruptcy restructuring plan, aiming to restructure $2 billion in debt and secure $200 million in financing. These closures affect multiple states, including Illinois and New Jersey, with stores in Peoria and Ledgewood now holding liquidation sales.
