From Yahoo Finance: 2025-06-18 19:55:00

At Home, the home goods retailer, has filed for Chapter 11 bankruptcy protection and plans to close 26 stores due to a sales slowdown, inflation, and tariffs. The company signed a restructuring agreement to eliminate $2 billion in debt and secure $200 million in capital. It employs about 7,170 people and operates 260 stores in 40 states.

The closures will affect five stores in the Los Angeles area and several others in California. At Home has faced challenges due to inflation, declining demand for home goods, and increased online shopping. The company was acquired by a private equity firm in 2021 and previously filed for bankruptcy in 2004 under its former name, Garden Ridge.

Despite attracting 70 million in-store customers and 53 million online visitors annually, At Home has struggled with financial pressures, including new tariffs and trade uncertainties. The company aims to reposition itself for the future through the bankruptcy process and restructuring efforts. Other retailers, such as LL Flooring, have also faced similar challenges this year.

Founded in 1979 as Garden Ridge Pottery, At Home has evolved over the years and expanded beyond Texas in the mid-1990s. It rebranded as At Home in 2014 and went public on the New York Stock Exchange in 2016. The recent bankruptcy filing reflects the company’s efforts to address financial difficulties and adapt to changing market conditions.



Read more at Yahoo Finance: At Home closing eight California locations as it declares bankruptcy