Warehouse home goods retailer
At Homes is closing 26 "underperforming" stores as it joins the ranks of retailers filing bankruptcy to restructure. Texas-based At Home filed for Chapter 11 bankruptcy on Monday, June 16, as a result of "broader economic and retail-specific market pressures,"
court documents reveal. As a result, 26 stores, from California to New York, will close by Sept. 30. One of them is in Florida. The bankruptcy filing and store closures come after several other
big box retailers have done the same this year, including
Big Lots ,
Joann Fabrics ,
Kohl's ,
JCPenney ,
Macy's and
Party City (although Big Lots is
making a comeback ). How will this impact you? Here's what to know.
Which At Home locations are closing?
The company is also closing six "non-operational" locations in Redding, California; St. Paul, Minnesota, Clackamas and Salem, Oregon; and Everett and Lacey, Washington.
When will At Home close its stores?
According to
court documents , At Home will close its 26 initial stores by Sept. 30, 2025.
Can I still use At Home gift cards? Is At Home still taking returns and giving refunds?
"There are no changes to return policies, Insider Perks program, or gift cards, online and at all continuing stores," then company said on its
restructuring webpage . Business is expected to continue as normal for customers, employees and vendors for the remaining stores.
Why did At Home file for bankruptcy?
Court documents state that rising interest rates, "persistent inflation" and a growing concern over unsustainable customs costs resulting from
increased tariffs , led At Home to file for bankruptcy. At Home has already closed six stores over the past year. "Given the expenses associated with brick-and-mortar operation and the issues affecting the retail industry, a number of the (At Home) remaining stores are operating at sub-optimal performance levels,"
court documents reveal. As part of the bankruptcy filing, ownership of At Home will be transferred to a group of hedge funds and investment firms based in New York City, New York and San Francisco, California, as outlined in a
news release . The planned restructuring is expected to "eliminate substantially all of the Company’s nearly $2 billion in funded debt" and provide a capital infusion of $200 million to get through the restructuring process.
How many At Home locations are there in Florida?
At Home currently lists 12 locations in Florida, not including the Miami location set to close. At Home, which has operated for nearly 50 years, currently has 260 locations in 40 states.
