At Home to Close 29 Underperforming Stores Amid Financial Struggles
At Home, the well-known furniture and home decor chain, has announced the closure of 29 underperforming locations by the end of this month. This decision follows a challenging financial landscape that has prompted the retailer to file for Chapter 11 bankruptcy earlier this year in June.
Reasons for Bankruptcy
The company cites several factors affecting its business, including:
- Rising interest rates
- Persistent inflation
- Increased tariffs
These factors have collectively contributed to the retailer’s financial difficulties, leading to the decision to streamline operations.
List of Closing Locations
The following locations will shut their doors as part of this restructuring effort:
- 6135 Junction Boulevard, Rego Park, NY
- 300 Baychester Ave, Bronx, NY
- 750 Newhall Drive, San Jose, CA
- 2505 El Camino Real, Tustin, CA
- 14585 Biscayne Boulevard, North Miami, FL
- 2200 Harbor Boulevard, Costa Mesa, CA
- 3795 E. Foothills Boulevard, Pasadena, CA
- 1982 E. 20th St., Chico, CA
- 2820 Highway 63 South, Rochester, MN
- 26532 Towne Center Drive Suites A-B, Foothill Ranch, CA
- 1001 E. Sunset Drive, Bellingham, WA
- 8320 Delta Shores Circle South, Sacramento, CA
- 1361 NJ-35, Middletown Township, NJ
- 2900 N. Bellflower Boulevard, Long Beach, CA
- 720 Clairton Boulevard, Pittsburgh, PA
- 2530 Rudkin Road, Yakima, WA
- 571 Boston Turnpike, Shrewsbury, MA
- 5203 W. War Memorial Drive, Peoria, IL
- 8300 Sudley Road, Manassas, VA
- 461 Route 10 East, Ledgewood, NJ
- 301 Nassau Park Boulevard, Princeton, NJ
- 300 Providence Highway, Dedham, MA
- 905 S 24th St. West, Billings, MT
- 19460 Compass Creek Parkway, Leesburg, VA
- 3201 N. Mayfair Road, Wauwatosa, WI
- 13180 S. Cicero Ave, Crestwood, IL
- 5101 Fashion Drive, Nanuet, NY
- 2100 S. Randall Road, Geneva, IL
- 2201 Zeier Road, Madison, WI
Conclusion
As At Home navigates through this challenging period, the closure of these 29 stores marks a significant step in its efforts to stabilize its operations. The combination of external economic pressures has forced the chain to reassess its footprint in the competitive home decor market.
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