Popular Texas Retailer At Home Prepares for Bankruptcy

If you’ve ever wandered the endless aisles of At Home in search of throw pillows, Halloween inflatables, or a giant piece of wall art you didn’t know you needed- this might sting a little. The Texas-based home décor chain is reportedly preparing to file for Chapter 11 bankruptcy, and some stores across the Lone Star State could be closing their doors for good.

At Home Prepares to File for Bankruptcy

So what’s going on? At Home, which has its roots right here in Texas, has been dealing with a rough combo of rising costs, supply chain hiccups, and fewer shoppers walking through its massive warehouse-style stores. The company recently missed a key interest payment and is now preparing to file for Chapter 11 bankruptcy- a move that would allow it to restructure its debt while trying to stay afloat.

What This Means for Texas Customers

But before you panic-buy a cart full of discounted lamps (that I have to remind myself I don’t need)- here’s what Chapter 11 really means. It doesn’t necessarily mean the end of At Home. Filing for Chapter 11 gives the company a chance to reorganize its finances and (hopefully) come back stronger. However, part of that process often involves closing underperforming stores- and yes, that could include some locations right here in Texas. While no full list has been released, stores in several states have already started liquidating, so shoppers in the Lone Star State should keep an eye out for updates.

So how did we get here? A mix of challenges seems to have piled up. At Home has pointed to rising tariffs on goods imported from China- where many of its products come from- as a major issue. Add in higher shipping costs, inflation, and changing shopping habits, and it's a recipe for financial stress. The company has even announced plans to shift away from Chinese suppliers altogether, but that kind of overhaul takes time- and money the company just doesn’t have right now.

For now, At Home fans in Texas will want to keep an eye on their local stores and maybe snag a deal or two while they can. Whether this Chapter 11 filing leads to a comeback or more store closures, one thing’s clear: the home décor giant we’ve all wandered through won’t be the same. Stay tuned, Texas- this story is still unfolding.