At Home to close 26 stores
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Popular home goods chain At Home has filed for bankruptcy and plans to close 26 stores. The Texas-based retailer announced Monday it was entering Chapter 11 protection as part of a restructuring agreement to eliminate $2 billion in debt and infuse $200 million to support operations moving forward.
Budget chain Poundland has said it will be closing 68 stores as part of a turnaround plan to revive its fortunes.A distribution centre at Darton, South Yorkshire and its national distribution centre at Bilton in the West Midlands have also been earmarked for closure in early 2026.
At Home, the home décor retailer with more than 250 locations, has filed for bankruptcy. The company announced Monday that it’s entering Chapter 11 protection in an effort to eliminate $2 billion in debt.
Andy Bernard from "The Office" may have phrased it best when he said, "I wish there was a way to know you were in the good old days before you actually left them." Related: Another giant cosmetics brand closing store unexpectedly For many retailers,
Budget chain Poundland has said it will be closing 68 stores as part of a turnaround plan to revive its fortunes, putting more than 1,000 jobs at risk. A distribution centre at Darton, South Yorkshire and its national distribution centre at Bilston in the West Midlands have also been earmarked for closure.
On the one hand, it seems like most every small retailer is being gobbled up by a larger competitor. Related: Amazon makes a harsh decision amid concerning customer trend On the large, corporate side of things,