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At Home Sets Sept. 30 Deadline to Close 29 Stores in Chapter 11 Overhaul

Liquidation sales are underway under a lender‑backed plan to slash nearly $2 billion of debt.

Pearland, Texas, USA - February 19, 2022: At Home store in Pearland, Texas, USA. At Home is a chain of home decor stores.
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Overview

  • Court filings identify 29 underperforming locations that will shutter by Sept. 30, with a detailed list of addresses across multiple states.
  • Closing stores are selling merchandise, fixtures and equipment with discounts up to 30%, and all sales made on or after Aug. 1 are final.
  • Gift cards, certificates and rewards are not accepted at closing locations but remain usable at other stores and online, and some sites may close earlier if inventory is depleted.
  • The retailer filed for Chapter 11 in June and entered a Restructuring Support Agreement with lenders holding more than 95% of its debt, including a $200 million capital infusion.
  • At Home attributes its restructuring to higher interest rates, persistent inflation and increased tariffs that raised customs costs, and it expects ownership to transfer to investment firms as part of the plan.