At Home closing? Bankruptcy puts dozens of stores at risk of shutting down

Fast Company

10 hours ago

At Home, the big-box home décor and furnishings brand, is the most recent in a series of home goods stores, including Big Lots and True Value, to file for bankruptcy in recent months. Today, the company announced that it is seeking Chapter 11 protection after tariff-related costs, inflation, and reduced foot traffic have taken a bite out of sales.
The company, which is owned by Hellman & Friedman and operates 260 stores across the U.S., has entered an agreement with its lenders that's intended to help eliminate the company's $2 billion in debt while providing $200 million in new funding to keep the brand afloat during the restructuring process.
CEO Brad Weston said in a press release that At Home is operating against a 'rapidly evolving trade environment as we navigate the impact of tariffs' and that the changes are intended to help the company compete in a more volatile marketplace.
At Home's financial woes come on the back of closures for several similar brands. In 2024, the discount retailer Big Lots also filed for Chapter 11 bankruptcy and planned to close all of its 800 locations before it was ultimately purchased and kept afloat by a new owner (though at a much smaller scale). And this May, the beloved arts and crafts retailers Joann's closed its doors permanently after a drawn-out bankruptcy process. Now, At Home will be the latest home goods retailer to attempt to keep its doors open as it navigates the bankruptcy process.
26 stores expected to close
Currently, At Home employs over 7,000 workers across 40 states. According to a bankruptcy court filing, the brand has struggled over the past several years due to 'reduced foot traffic in stores, heightened competition from comparable and off-price retailers offering substantial discounts, and a disparity between inventory and customer demand.' Over the last year, At Home has already closed six stores, but it reports that several remaining stores are still operating at 'sub-optimal performance levels.'
To turn things around, At Home reported that it will begin by transitioning ownership of the company to its lenders, who are shouldering more than 95% of its debt. The restructuring is also expected to result in several store closures. Per the filing, 'Ultimately, the Debtors' management team and advisors determined that it is appropriate to commence closings of 26 underperforming brick-and-mortar stores, with the potential to close additional underperforming stores in the future.'
The 26 stores are expected to be sold and vacated by September 30, 2025. Here are the stores that are expected to close:
6135 Junction Blvd Rego Park NY
300 Baychester Ave Bronx NY
750 Newhall Dr San Jose CA
2505 El Camino Real Tustin CA
14585 Biscayne Blvd North Miami FL
2200 Harbor Blvd Costa Mesa CA
3795 E Foothills Blvd Pasadena CA
1982 E 20Th St Chico CA
2820 Hwy 63 South Rochester MN
26532 Towne Center Drive Suites A-B Foothill Ranch CA
1001 E Sunset Drive Bellingham WA
8320 Delta Shores Circle S. Sacramento CA
1361 NJ-35 Middletown Township NJ
2900 N Bellflower Blvd Long Beach CA
720 Clairton Blvd Pittsburgh PA
2530 Rudkin Road Yakima WA
571 Boston Turnpike Shrewsbury MA
5203 W War Memorial Dr Peoria IL
8300 Sudley Rd. Manassas VA
461 Route 10 East Ledgewood NJ
301 Nassau Park Blvd. Princeton NJ
300 Providence Highway Dedham MA
905 S 24th Street W Billings MT
19460 Compass Creek Pkwy Leesburg VA
3201 North Mayfair Road Wauwatosa WI