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

Georgia’s Key Player Injuries: Impact on Mississippi State Showdown Revealed

ATHENS, Ga. — As the fifth-ranked Georgia Bulldogs gear up for their…

Vance Criticizes Court Mandate for Complete SNAP Funding as ‘Absurd Decision

On Thursday, Vice President Vance expressed strong opposition to a federal court’s…

Proposed Legislation Aims to Strengthen Penalties for Animal Cruelty Offenses Across All Ages

NASHVILLE, Tenn. (WKRN) — Tennessee is taking a firmer stand against animal…

Chiropractor Allegedly Surveilled Over 100 Patients Without Consent

ST. CHARLES, Ill. — A chiropractor from Illinois has been charged with…

Airlines Announce Refunds and Free Flight Changes Amid Government Shutdown Chaos

(The Hill) — In response to the historic government shutdown, several airlines…

Tennessee Man Admits Guilt in Illegal Deer Hunting Incident on Prison Grounds

In Lauderdale County, Tennessee, a 53-year-old man has admitted to illegally hunting…

May 2024 Marion Farmers Market Shooter Found Guilty

MARION, Va. — A man involved in a shooting incident at the…

Supreme Court Reinstates Controversial Trump-Era Transgender Passport Policy: Implications and Reactions

On Thursday, the Supreme Court upheld the Trump administration’s policy allowing the…

Alarming Surge: Illinois Faces Rising Crisis in Domestic Violence Fatalities

ILLINOIS (WCIA) — The Illinois Coalition Against Domestic Violence has published its…

Decatur Salvation Army Launches Festive Holiday Campaign with Ringing Bells and Shining Kettles

DECATUR, Ill. (WCIA) — With Christmas just around the corner, the Salvation…

Road Rage Tragedy: Deadly Shooting Unfolds in Marion County After Driver Dispute

MARION COUNTY, Fla. – A tragic incident unfolded on Thursday evening when…

California Motorist Surprises Officer with Monopoly Card Instead of ID

A driver in California recently attempted an imaginative way to evade a…