Oct. 3, 2025

A bankruptcy judge has approved a reorganization plan for At Home that will allow the national home decor retailer to continue operating.

Texas-based At Home Group Inc. filed for bankruptcy in June after reaching a deal with some of its lenders to eliminate most of its $2 billion in debt and provide $500 million to strengthen the business for the future, according to the company.

In the coming weeks, ownership of the company will transfer to a group of its lenders, including funds affiliated with Redwood Capital Management, Farallon Capital Management and Anchorage Capital Advisors, the company said in a news release.

As part of the bankruptcy process, At Home sought court approval to close about 30 of its 260 locations, which it described as underperforming. The Sioux Falls store at 1601 W. 41st St. was not included.

“We are pleased to have reached this important milestone in our efforts to position At Home for future success,” CEO Brad Weston said. “Thanks to the hard work of our team over the last few months, we have now accomplished all that we set out to achieve at the beginning of this process. Having received this approval, we are one step closer to emerging from our court-supervised process with a fully de-levered balance sheet, a more profitable operating model and new financial resources to invest in our strategic initiatives.”