The Texas-based home goods chain announced it has filed for bankruptcy due to slower consumer spending and the impact of tariffs.
SACRAMENTO, Calif. — At Homea popular home decor retailer, will close nearly 30 stores during the company’s bankruptcy proceedings, including the only location in the greater Sacramento region.
The Sacramento location is featured in the Delta Shores shopping center and opened in 2021.
The Texas-based home goods chainannounced it had filed for bankruptcyon Monday due to slower consumer spending and the impact of tariffs. In a court filing, the retailer listed 26 “underperforming” stores in 12 states that are set to shutter initially.
The company has 260 retail locations across 40 states and plans to keep most of its stores open. However, the Wall Street Journal reported last week that the retailer plans to close around 20 stores during its bankruptcy proceedings.
“We are continuing to operate in the normal course of business and provide exceptional value through affordable design and decorating solutions both in-store and online,” the company said on its restructuring website. “At Home is not shutting down.”
Before Monday’s filing, the retailer closed six stores last year.
Although a final closing date was not immediately known, the court filing stated that the debtors “anticipate all Sales at the Initial Closing Stores to be completed, and the properties vacated, by September 30, 2025.”
The company said more underperforming stores could close in the future as the retailer goes through the bankruptcy process.
At Home’s financial troubles come as other retailers and chains, including Joann, Rite Aid and Party City, have recently filed for bankruptcy protection.
The retailer announced Monday that it had entered an agreement with lenders to “eliminate substantially” the company’s nearly $2 billion debt through restructuring. Additionally, the agreement will provide $200 million in funding to help keep stores operational during the bankruptcy process.
“We are pleased to have reached this agreement with our lenders, which represents a critical and positive advancement of our work to best position At Home for the future,” Chief Executive Officer of At Home Brad Weston said in a statement. “Over the past several months, we’ve taken deliberate steps to strengthen the foundation of our business – sharpening our focus, elevating our customer value proposition, and driving operational discipline. While we have made significant progress advancing our initiatives to date, we are operating against the backdrop of an increasingly dynamic and rapidly evolving trade environment as we navigate the impact of tariffs.”
At Home, formerly Garden Ridge, offers a diverse selection of home decor and furniture, including kitchen and dining sets, outdoor patio furniture and rugs.
At Home stores set to close in California:
- 750 Newhall Drive, San Jose, CA 95110
- 2505 The Royal Camino, Tustin, CA 92782
- 2200 Harbor Blvd., Costa Mesa, CA 92627
- 3795 E Foothills Blvd., Pasadena, CA 91107
- 1982 E 20th St., Chico, CA 95928
- 26532 Towne Centre Drive Suites A-B, Foothill Ranch, CA 92610
- 8320 Delta Shores Circle S, Sacramento, CA 95832
- 2900 N Bellflower Blvd, Long Beach, CA 90815
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