Overview
- At Home filed for Chapter 11 bankruptcy on June 16, citing tariffs, inflation and increased competition for its financial distress.
- The retailer entered a Restructuring Support Agreement with lenders holding over 95 percent of its debt to wipe out nearly $2 billion in obligations and secure $200 million in new funding.
- As part of the restructuring, the company will close 26 underperforming stores by September 30, 2025.
- At Home will maintain normal operations—including fulfilling orders, paying vendors and running its loyalty program—throughout the Chapter 11 process.
- Upon completion of the reorganization, ownership of At Home will transfer to its lenders to strengthen its balance sheet.