Home Decor and Furniture Retailer, At Home, Files for Bankruptcy and Will Close 26 Stores

At Home, the home decor and furniture retailer with more than 200 locations in the United States, is filing for bankruptcy. 

The popular retail chain announced Monday that it is entering Chapter 11 protection as part of a restructuring agreement intended to eliminate $2 billion in debt and provide $200 million in capital to aid with the restructuring process.

Twenty-six At Home stores across the U.S. are slated to close, according to the company’s court filings.

Read more at AP News