Overview

• At Home filed for voluntary Chapter 11 bankruptcy protection on June 16 in the U.S. Bankruptcy Court for the District of Delaware.
• The retailer entered a Restructuring Support Agreement with lenders holding over 95 percent of its debt to eliminate nearly $2 billion of funded debt.
• The company will continue operating normally, including fulfilling orders, paying vendors and maintaining its loyalty program during the bankruptcy process.
• Court documents identify 26 underperforming stores across 12 states that will close by September 30, 2025.
• Upon emerging from Chapter 11, At Home will transfer ownership to its major lenders in exchange for a strengthened balance sheet.