At Home retail outlet
Share this @internewscast.com

(NEXSTAR) – At Home, a Texas-based home décor chain with 260 stores in 40 states, has filed for Chapter 11 bankruptcy protection amid a restructuring of the company.

At Home Group, Inc., announced the move on Monday, adding that the company plans to undergo “a transition of ownership” after the restructuring process.

At Home is currently seeking to get rid of almost $2 billion in debt, according to a press release issued Monday. A group of lenders have also extended $200 million in funding to keep operations running amid the restructuring process, according to At Home.

“We are grateful to be moving forward with significant support from our financial stakeholders, which demonstrates their confidence in our business and our future strategy,” CEO Brad Weston said in the release. “Upon emergence from the prearranged restructuring process, At Home will move forward with new owners and a meaningfully strengthened balance sheet.”

Weston, in his statement, also acknowledged the role that tariffs have played in At Home’s operating expenses. Court documents indicate that the company was also facing financial strain due to inflation, competition from similar retailers and a reduction in foot traffic at stores.

“While we have made significant progress advancing our initiatives to date, we are operating against the backdrop of an increasingly dynamic and rapidly evolving trade environment as we navigate the impact of tariffs,” Weston said.

At Home retail outlet
A customer enters an At Home store in the Rego Center Mall, in Queens, New York, in 2024. (Lindsey Nicholson/UCG/Universal Images Group via Getty Images)

Court documents filed with the U.S. Bankruptcy Court for the District of Delaware lists dozens of locations where At Home is seeking to close stores:

California

  • Chico – 1982 E. 20th Street
  • Costa Mesa – 2200 Harbor Boulevard
  • Foothill Ranch – 26532 Towne Center Drive, Suites A–B
  • Long Beach – 2900 N. Bellflower Boulevard
  • Pasadena – 3795 E. Foothills Boulevard
  • Sacramento – 8320 Delta Shores Circle
  • San Jose – 750 Newhall Drive
  • Tustin – 2505 El Camino Real

Florida

  • North Miami – 14585 Biscayne Boulegard

Illinois

  • Peoria – 5203 W. War Memorial Drive
  • Crestwood – 13180 S. Cicero Avenue

Massachusetts

  • Dedham – 300 Providence Highway
  • Shrewsbury – 571 Boston Turnpike

Minnesota

  • Rochester – 2820 Highway 63 South

Montana

  • Billings – 905 S. 24th Street West

New Jersey

  • Ledgewood – 461 Route 10 East
  • Middletown Township – 1361 NJ-35
  • Princeton – 301 Nassau Park Boulevard

New York

  • Bronx (NYC) – 300 Baychester Avenue
  • Rego Park (NYC) – 6135 Junction Boulevard

Pennsylvania

  • Pittsburgh – 720 Clairton Boulevard

Washington

  • Bellingham – 1001 E. Sunset Drive
  • Yakima – 2530 Rudkin Road

Wisconsin

  • Wauwatosa – 3201 North Mayfair Road

Virginia

  • Leesburg – 19460 Compass Creek Parkway
  • Manassas – 8300 Sudley Road

The court documents indicated that additional “underperforming” stores closings may be closing amid restructuring “in the near future.”

Share this @internewscast.com
You May Also Like

“Marking a Century: Urbana Business Celebrates 100 Years, Ready for the Future”

URBANA, Ill. (WCIA) — A Central Illinois business celebrated a milestone over…

SPD to Join Community Event This Tuesday

SAVANNAH, Ga. () — The Savannah Police Department (SPD) is joining the…

Chicago Police Refute Claims of Failing to Support Federal Authorities

CHICAGO () — The Chicago Police Department is refuting claims that officers were…

Fans Eager for Taylor Swift’s Clarification on AI Use in Recent Promo Videos

Taylor Swift’s fans are used to scouring her videos and social media…

Dolly Parton’s Sister Requests Prayers for Her Health

IE 11 is not supported. For an optimal experience, please visit our…

Augusta Commissioners Debate the Process of Forming Charter Committee

AUGUSTA, Ga. () – For Augusta city leaders, it’s been building feelings…

Sanders cautions that AI and automation could eliminate up to 100 million jobs

Artificial intelligence and automation have the potential to eliminate nearly 100 million…

Stunning Transformation: Gaza’s Landscape Before and After Two Years of Conflict

IE 11 is not supported. For the best experience, please visit our…

Hikers Saved from Blizzard on Mount Everest

IE 11 is no longer supported. For the best experience, please visit…

Shooting Incident Near Urbana Schools Leaves One Injured

URBANA, Ill. (WCIA) — One person was shot in Urbana Tuesday afternoon…

California Airport Faces Challenges Due to Air Traffic Controller Shortage

() One of California’s busiest airports was left with no air traffic…

Ex-Republican Governors Express Worries Over Trump’s National Guard Decisions

As President Donald Trump argues with Democratic governors regarding his intention to…