At Home Store Closures: Company Hits Another Six Locations Amid Bankruptcy
At Home, the popular home decor retailer, has announced the closure of six additional store locations following its bankruptcy filing earlier this year. These closures reflect ongoing challenges, including high tariffs, increased borrowing rates, and persistent inflation that have significantly impacted the company’s operations.
Background on Bankruptcy Filing
In June, At Home declared bankruptcy due to growing concerns over unsustainable operating costs. Over the past year, the company has already shut down six stores, and by September 30, a total of 26 “underperforming” locations were slated for closure. While initial reports indicated that two of the identified stores would remain open, the latest announcement confirms that six more outlets are set to close.
Newly Announced Store Closures
The following At Home locations will cease operations, as detailed in the company’s latest press release:
- 3271 Market Place Drive, Council Bluffs, Iowa
- 101 Randall Road, Lake In The Hills, Illinois
- 3175 W. 3rd Street, Bloomington, Indiana
- 3100 Washtenaw, Ypsilanti, Michigan
- 2341 Route-66, Ocean Township, New Jersey
- 190 South 500 West, West Bountiful, Utah
These stores are currently offering closing sales with discounts of up to 30%. All sales are final for purchases made after August 1, but customers can still utilize gift cards and loyalty credits until August 14. Fixtures and equipment from these locations will also be available for sale.
Which At Home Stores Will Remain Open?
Amid these closures, it’s worth noting that two stores will continue to serve customers:
- 3201 N. Mayfair Road, Wauwatosa, Wisconsin
- 301 Nassau Park Boulevard, Princeton, New Jersey
With the newly announced closures, 24 additional stores are on track to close their doors. These include various locations across several states, including New York, California, and Florida.
What’s Next for At Home?
As part of the bankruptcy proceedings, ownership of At Home will transition to a consortium of hedge funds and investment companies based in New York City and San Francisco. The future of the brand remains uncertain as it navigates this complex financial landscape.
To stay updated on the latest news and developments regarding At Home and other retail updates, follow the Mirror US.
Conclusion
The closure of six more At Home store locations signals a significant shift for the retailer, impacted heavily by economic challenges. As the company restructures, it remains essential for loyal customers to stay informed about upcoming sales and remaining locations.
For more insights into home decor trends and design tips, visit our blog at ChatbiHouse for a wealth of resources on home improvement and decoration ideas.
