Texas-based home décor retailer At Home will shutter over two dozen stores by the end of September, just months after filing for bankruptcy amid mounting debt and retail pressures.
At a Glance
- At Home filed for bankruptcy in June with nearly $2 billion in debt.
- 26 stores across 13 states are scheduled to close by late September.
- Court filings cite tariffs, inflation, and waning foot traffic.
- At least five store changes have been made since the original closure list.
- Other retailers like Torrid, Macy’s, and Rite Aid are also downsizing.
Bankruptcy Deepens Retail Shakeout
In June, At Home Group, Inc. announced a major restructuring plan aimed at salvaging the business through a transition in ownership. With a debt load approaching $2 billion, the chain joined a growing list of U.S. retailers struggling to stay afloat in the post-pandemic consumer landscape.
CEO Brad Weston blamed a shifting trade environment and the financial toll of tariffs for the company’s deteriorating position. Court records also highlight a cocktail of challenges including inflationary cost pressures, heavy competition in the home goods market, and declining in-store traffic as consumers pivot online.
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Closures Spread from Coast to Coast
Initial bankruptcy filings earmarked 26 “underperforming” locations for closure, although that list has already seen revisions. Stores in Dedham, MA, and Leesburg, VA were pulled from the original closure plan, while three new stores in NY, IL, and WI were added last month.
The closures hit major retail corridors nationwide. California alone will lose eight stores, including locations in Pasadena, Long Beach, and Sacramento. In the Midwest, Illinois, Minnesota, and Wisconsin each face multiple shutdowns. East Coast communities such as Rego Park and the Bronx in New York are also affected, as are outlets in Florida, New Jersey, Pennsylvania, and Virginia.
At Home Not Alone in Retail Retrenchment
At Home’s downfall echoes broader turbulence across the U.S. retail sector. Fashion retailer Torrid will shutter up to 180 stores this year, while bankrupt Claire’s and Forever 21 are both exiting large portions of the market. Even household names like Macy’s, Dollar General, and Kohl’s are closing dozens of locations to recalibrate operations.
Court documents related to At Home’s restructuring suggest that more closures could still be on the horizon, dependent on market conditions and the success of the company’s ownership transition.
