Overview
- At Home filed for Chapter 11 protection in June to restructure roughly $2 billion in debt.
- A July court filing added six more outlets for closure, bringing the total to 32 stores across 40 states.
- Liquidation events at affected locations are managed by Hilco Consumer and are set to conclude by September 30.
- The retailer pointed to inflationary pressures, declining in-store traffic and higher import tariffs as key factors in its financial distress.
- Under a restructuring support agreement, At Home is slated to receive a $200 million capital infusion to complete its Chapter 11 proceedings.