SHOPPERS are racing to score up to 50% off in a popular furniture store’s bankruptcy sales.
Right now, you can get money off things like patio furniture, couches and rugs.
Shoppers are racing to score up to 50% off in a popular furniture store’s bankruptcy sales[/caption]
In June, At Home announced that it had filed for Chapter 11 bankruptcy protections.
As a result, it would be closing 26 of its 266 stores that were deemed as under performing by September 30.
At Home has remained vague about why it has made this decision, but it has already closed six locations over the past year.
Court documents said: “Given the expenses associated with brick-and-mortar operation and the issues affecting the retail industry, a number of the (At Home) remaining stores are operating at sub-optimal performance levels.”
Recently, the chain took its closing down sales from 30% to up to 50%, as announced on the social media platform TikTok.
In her video, the content creator spotted the following discounts at a store in Crestwood, Illinois:
- 30% off patio furniture
- 40% off furniture, including desks, couches, and dining room tables
- 50% off window treatments
- 40% off area rugs
Other shoppers have spotted similar blow-out sales at stores in Foothill Ranch, California and Milwaukee.
All of the items purchased in these sales must be done so in-store, and cannot be done using gift cards.
At Home has rendered both gift cards and product returns obsolete as of July 2.
EXCITED SHOPPERS
In the comments of the TikTok video, many shoppers expressed their excitement to get involved in the sales.
One person wrote: “Thank you!! I love this store.. even more with a discount!!”
Another chimed in: “I’ll be there next week!”
But there were some who said that the 50% sales are still not enough to convince them to go.
Closing At Home stores
- 6135 Junction Boulevard in Rego Park, New York
- 300 Baychester Ave. in Bronx, New York
- 750 Newhall Drive in San Jose, California
- 2505 El Camino Real in Tustin, California
- 14585 Biscayne Boulevard in North Miami, Florida
- 2200 Harbor Boulevard in Costa Mesa, California
- 3795 E. Foothills Boulevard in Pasadena, California
- 1982 E. 20th St. in Chico, California
- 2820 Highway 63 South in Rochester, Minnesota
- 26532 Towne Center Drive Suites A-B in Foothill Ranch, California
- 1001 E. Sunset Drive in Bellingham, Washington
- 8320 Delta Shores Circle South in Sacramento, California
- 1361 NJ-35 in Middletown Township, New Jersey
- 2900 N. Bellflower Boulevard in Long Beach, California
- 720 Clairton Boulevard in Pittsburgh, Pennsylvania
- 2530 Rudkin Road in Yakima, Washington
- 571 Boston Turnpike in Shrewsbury, Massachusetts
- 5203 W. War Memorial Drive in Peoria, Illinois
- 8300 Sudley Road in Manassas, Virginia
- 461 Route 10 East in Ledgewood, New Jersey
- 301 Nassau Park Boulevard in Princeton, New Jersey
- 300 Providence Highway in Dedham, Massachusetts
- 905 S 24th St. West in Billings, Montana
- 19460 Compass Creek Parkway in Leesburg, Virginia
- 3201 N. Mayfair Road in Wauwatosa, Wisconsin
- 13180 S. Cicero Ave. in Crestwood, Illinois
A sceptical shopper posted: “You’ll see me at 90%.”
And a second agreed: “I’ll put my shoes on when its 70% off.”
It is not known if the sales will increase as it gets closer to the closing date.
At Home is still swinging, though, and is committed to long term success going forward.
According to what a spokesperson told Bloomberg, the company is “actively collaborating with our financial stakeholders and have put forbearance agreements in place with respect to certain interest payments under the company’s debt instruments.”
“These agreements provide us flexibility as we continue to take steps to position At Home for near and long-term success.”
At Home will be closing 26 of its 266 stores that were deemed as under performing by September 30.[/caption]
