Major Retail Giant Closing Stores Across Texas

Turns out, decking your halls wasn’t enough to save At Home from bankruptcy.

The Texas-based home décor chain just filed for Chapter 11. They’re trying to clean up nearly $2 billion in debt and keep the lights on while they restructure.

What happened?

Basically, they gambled big on expanding fast, but inflation, tariffs, and supply chain issues hit harder than a clearance aisle stampede. Their CEO said most of their stores became “sub-optimal,” which is a fancy way of saying they weren’t making enough money to justify the rent.

They also missed an interest payment last month, which kicked off the whole spiral. Now their lenders, who hold more than 95% of their debt, are stepping in with a plan to keep things afloat, including $200 million in new capital.

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They plan to shut down 26 underperforming locations by the end of September. But the rest of their 260+ stores will stay open for now.

So what’s next?

If this plan works, At Home gets to lose a ton of debt and hopefully become a leaner, more profitable version of itself. But even with this reset, it’s a tough world out there for retail.

At Home built big, fast, and for a moment, it worked. But now they’re fighting to keep the brand alive, and maybe rethink what “home décor superstore” even means in 2025.

At Home isn't the only retailer in Texas struggling to make ends meet. Here are a few major retailers that have completely shut down or made massive closures across the state.

• Big Lots 
• Party City 
• Macy’s
• Kohl’s