From Yahoo Finance: 2025-06-16 15:32:00

At Home, a popular home decor brand, has filed for Chapter 11 bankruptcy due to tariff-related costs, inflation, and decreased foot traffic. The company, owned by Hellman & Friedman, will restructure with $200 million in new funding to eliminate $2 billion in debt and stay afloat during the process.

CEO Brad Weston stated that At Home is adapting to a challenging trade environment to compete in a volatile marketplace. The brand, with 260 stores across the U.S., is struggling financially, citing reduced foot traffic, intense competition, and inventory-demand imbalance. Despite closing six stores, several locations still operate below expectations.

To address financial challenges, At Home will transfer ownership to lenders holding over 95% of its debt. The restructuring includes closing 26 underperforming stores, with potential for more closures in the future. The stores marked for closure are expected to be sold and vacated by September 30, 2025, in various states like California, Florida, and New York.

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