Overview

• At Home filed for Chapter 11 bankruptcy protection on June 16 to address heavy debt and market headwinds.
• The agreement secures $200 million in financing to sustain operations during the reorganization.
• The company will close 26 underperforming stores by September 30, including eight outlets in California.
• Leadership cited inflationary pressures, higher import tariffs, and a shift to online shopping as drivers of its financial decline.
• The restructuring plan transfers ownership of the Coppell, Texas-based retailer to its lenders as it seeks long-term resilience.