Home décor retailer At Home has filed for Chapter 11 bankruptcy, citing inflation, high interest rates, and tariff costs, according to USA Today Network. The Texas-based chain will shut 26 stores nationwide by September 30, including two in New York City: one in Rego Park and another in the Bronx.
The company previously closed six stores in a bid to stay afloat, but court filings say many remaining locations are underperforming. Rising costs have made it increasingly difficult to maintain brick-and-mortar operations.
As part of the restructuring, At Home will transfer ownership to hedge funds and investment firms based in New York and San Francisco.
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