Major Home Retailer To Shutter Most CA Stores This Month

CALIFORNIA — Home furniture and decor retailer At Home will close most of its California stores by the end of the month as part of its filing for Chapter 11 bankruptcy, the company confirmed this week.

Eight stores across California are among 29 stores closing nationwide in September. The retailer will close more stores in California than in any other state. At Home, at one point, boasted 13 locations in the Golden State.

Initially, the retailer announced 26 stores would close by Sept. 30. It added three more to that list more recently, bringing the total number of California stores that will close to eight, court filings show.

Here's the run-down on At Home store locations marked for closing in California:

• 750 Newhall Dr., San Jose.
• 2505 El Camino Real, Tustin.
• 2200 Harbor Blvd., Costa Mesa.
• 3795 E. Foothills Blvd., Pasadena.
• 1982 E. 20th St., Chico.
• 26532 Towne Center Dr., Suites A-B, Foothill Ranch.
• 2900 N. Bellflower Blvd., Long Beach.
• 8320 Delta Shores Circle South, Sacramento

In recent weeks, the company has been running going-out-of-business sales at the stores set to be shuttered.

At Home has other locations in California that will remain open, including stores in Riverside, Temecula and San Diego.

The company points to a "challenging commercial environment brought on by both broader economic and retail-specific market pressures" and macroeconomic issues like increased tariffs for placing significant pressure on their revenue and cost structure.

At Home now has 260 locations nationwide after reducing its footprint by six stores over the past year. Nationwide, the company employs nearly 7, 200 people. The expenses associated with brick-and-mortar locations, and other issues affecting the retail industry are now causing the remaining stores to be operating at sub-optimal performance levels.

Ownership of At Home will be transferred to a group of hedge funds and other firms based in New York City and San Francisco as part of June's bankruptcy filings. The lenders hold more than 95 percent of the company's debt.

“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,” said Brad Weston, Chief Executive Officer of At Home said of the restructuring plan.

The company joins Big Lots, Joann Fabrics, Kohl's, JCPenney, Macy's and Party City in the group of major retailers announcing closings just this year.

Patch staffers Miranda Ceja and Eddie Callahan contributed reporting.