One of the hardest-hit sections of the retail industry has been the home furnishings market.
Furniture, home decor, and interior design accessories are often produced cheaply overseas, and therefore affected significantly by tariffs.
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As the cost of these things rise, customers typically prioritize other expenses (like a cruise or a concert) instead of a new sofa or print.
At Home, a home goods chain, has been hit harder than most.
It filed for Chapter 11 bankruptcy protection on June 16, 2025.
At Home agreed to close up to 30 stores as a part of a restructuring agreement.
“Given the expenses associated with brick-and-mortar operation and the issues affecting the retail industry, a number of the (At Home) remaining stores are operating at sub-optimal performance levels,” court documents related to the bankruptcy say.
At Home bankruptcy details
At Home plans to reduce a nearly $2 billion debt load, while getting about $200 million in new financing to help it right-side the business.
And while it plans to shutter about 10% of its 260 stores, it recently made the decision to cancel some planned closures.
Two of the stores that were originally slotted for closure will remain open. They are located in:
- Princeton, N.J.
- Wauwatosa, Wis.
Neither of these stores will hold closing down sales, and doors will remain open.
However, At Home announced on August 1, 2025 that it will close an additional six locations, with big blowout sales.
At Home is closing six more store locations.
Image source: Shutterstock
At Home closing six more stores
At Home announced it will close six more stores, mostly clustered around the midwest and northeast.
They are in:
- Council Bluffs, IA
- Lake in the Hills, IL
- Bloomington, IN
- Ypsilanti, MI
- Ocean Township, NJ
- West Bountiful, UT
As a part of the closure, At Home will hold liquidation sales with merchandise up to 30% off around the store.
“These six stores are offering some of the best deals shoppers will see all year — but only for a short time, spokesperson for Hilco Consumer – Retail said. “Customers who want the best selection on furniture, décor, and seasonal finds should shop early before the most popular items disappear.”
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The stores are expected to close by the end of September.
No coupons, discounts, or returns will be accepted. Sale prices may continue to decrease as the closure dates approach.
Gift cards, however, will be accepted through August 14, 2025.
At Home is trying to improve financials
At Home is trying to aggressively improve its business outlook.
Following a Restructuring Support Agreement (RSA), At Home will transition ownership to Redwood Capital Management, Farallon Capital, and Anchorage Capital Advisors.
The company plans to reduce costs, eliminate debt, close financially underperforming stores, and source products from countries other than China, which has been hit particularly hard by tariffs.
At Home will start sourcing goods and materials from Vietnam, India, and Turkey.
Brad Weston, CEO of At Home, said that the bankruptcy process is expected to turn things around on the business side of things, but that it shouldn’t be too jarring for customers.
He added that the bankruptcy and restructuring process “will help strengthen the business in the long term” while “most stores will continue to operate,” despite the recent string of closures, per News radio WFLA.