At Home files for Chapter 11 bankruptcy, plans to close 26 stores due to debt and tariffs, while restructuring to eliminate $2 billion in debt.

At Home, a furniture and home decor retailer based in Coppell, Texas, 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.

At Home, the home goods retailer, has filed for Chapter 11 bankruptcy protection and announced the closure of 26 stores, as it tries to recover from a slowdown in sales and the impacts of inflation and tariffs.