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26 At Home stores are closing in bankruptcy. What about Florida?
26 At Home stores are closing in bankruptcy. What about Florida?

Yahoo

time3 days ago

  • Business
  • Yahoo

26 At Home stores are closing in bankruptcy. What about Florida?

Warehouse home goods retailer At Homes is closing 26 "underperforming" stores as it joins the ranks of retailers filing bankruptcy to restructure. Texas-based At Home filed for Chapter 11 bankruptcy on Monday, June 16, as a result of "broader economic and retail-specific market pressures," court documents reveal. As a result, 26 stores, from California to New York, will close by Sept. 30. One of them is in Florida. The bankruptcy filing and store closures come after several other big box retailers have done the same this year, including Big Lots, Joann Fabrics, Kohl's, JCPenney, Macy's and Party City (although Big Lots is making a comeback). How will this impact you? Here's what to know. Court documents list the following locations to be closed in 2025: CALIFORNIA Chico: 1982 E. 20th St. Costa Mesa: 2200 Harbor Blvd. Foothill Ranch: 26532 Towne Center Drive Suites A-B Long Beach: 2900 N. Bellflower Blvd. Pasadena: 3795 E. Foothills Blvd. San Jose: 750 Newhall Drive Tustin: 2505 El Camino Real Sacramento: 8320 Delta Shores Circle South FLORIDA North Miami: 14585 Biscayne Boulevard ILLINOIS Crestwood: 13180 S. Cicero Ave. Peoria: 5203 W. War Memorial Drive NEW JERSEY Middletown Township: 1361 NJ-35 Princeton: 301 Nassau Park Blvd. Ledgewood: 461 Route 10 East NEW YORK Rego Park: 6135 Junction Blvd. Bronx: 300 Baychester Ave. MASSACHUSETTS Dedham: 300 Providence Highway Shrewsbury: 571 Boston Turnpike MINNESOTA Rochester: 2820 Highway 63 South MONTANA Billings: 905 S 24th St. West PENNSYLVANIA Pittsburgh: 720 Clairton Blvd. VIRGINIA Leesburg: 19460 Compass Creek Parkway Manassas: 8300 Sudley Road WASHINGTON: Bellingham: 1001 E. Sunset Drive Yakima: 2530 Rudkin Road WISCONSIN Wauwatosa: 3201 N. Mayfair Road The company is also closing six "non-operational" locations in Redding, California; St. Paul, Minnesota, Clackamas and Salem, Oregon; and Everett and Lacey, Washington. According to court documents, At Home will close its 26 initial stores by Sept. 30, 2025. "There are no changes to return policies, Insider Perks program, or gift cards, online and at all continuing stores," then company said on its restructuring webpage. Business is expected to continue as normal for customers, employees and vendors for the remaining stores. Court documents state that rising interest rates, "persistent inflation" and a growing concern over unsustainable customs costs resulting from increased tariffs, led At Home to file for bankruptcy. At Home has already closed six stores over the past year. "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 reveal. As part of the bankruptcy filing, ownership of At Home will be transferred to a group of hedge funds and investment firms based in New York City, New York and San Francisco, California, as outlined in a news release. The planned restructuring is expected to "eliminate substantially all of the Company's nearly $2 billion in funded debt" and provide a capital infusion of $200 million to get through the restructuring process. At Home currently lists 12 locations in Florida, not including the Miami location set to close. Clearwater: 25813 US Highway 19 N Clermont: 1002 East State Road 50 Ellenton: 6126 US-301 Fort Myers: 10083 Gulf Center Drive Kendale Lakes: 14091 SW 88th St. Kissimmee: 3003 W Vine St. Lake Mary: 3750 Flagg Lane Lutz: 2160 Grand Cypress Dr Orange Park: 1919 Wells Road Orlando: 11100 E Colonial Dr. Palm Beach Gardens: 100 Gander Way St Petersburg: 4501 66th St. At Home, which has operated for nearly 50 years, currently has 260 locations in 40 states. This article originally appeared on Palm Beach Post: At Home closing stores. Florida closings, locations after bankruptcy

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