Major Home Retailer To Shutter VA Store This Month

MANASSAS, VA — Home furniture and decor retailer At Home will close more than 20 stores nationwide by the end of the month as part of its filing for Chapter 11 bankruptcy, the company confirmed this week.

One Northern Virginia location is among 29 stores closing nationwide in September. Earlier this year, At Home boasted nine locations in the Commonwealth.

The site targeted to close by the end of September is at 8300 Sudley Road in Manassas.

According to court documents filed in June, 26 stores were on the path to shut their doors by Sept. 30, including two of its nine in Virginia. The other store to shut down then was at 19460 Compass Creek Pkwy., Leesburg; it is no longer on the current closings list.

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

Hilco, the firm overseeing the closures, has told customers to consult shopgenius.com to find the nearest closing store.

At Home has other locations in Virginia that will remain open, including stores in Dale City, Chantilly, and Fredericksburg, according to the company's website.

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.