Case filing & court posture: At Home Group Inc. filed chapter 11 on June 16, 2025 in the District of Delaware (Case No. 25-11120). Dkt. 1 The Coppell, Texas-based home decor retailer operated 260 stores with approximately 7,170 employees. Filing was driven by post-pandemic demand softening, inflationary pressures, elevated freight rates, tariff impacts on China-sourced inventory, and looming debt maturities totaling approximately $1.998 billion.
Liquidity & financing path: The Debtors obtained a $600 million DIP facility ($200 million new money at SOFR + 8%, $400 million roll-up at SOFR + 4%) from an ad hoc group of first lien lenders. Dkt. 107 The interim DIP order was entered on June 17, 2025. The case moved expeditiously under a restructuring support agreement backed by ~96% of first lien lenders executed on the petition date.
Restructuring outcome: The Plan was confirmed on September 30, 2025. Dkt. 725 The restructuring eliminated approximately $1.62 billion in debt, with DIP lenders receiving 98% of reorganized equity, other first lien creditors receiving 2%, and general unsecured creditors receiving distribution trust interests.
Plan effective date & post-confirmation: The Plan became effective on October 24, 2025, with the Debtors emerging as Ambience Parent, Inc. The case was closed by final decree on November 17, 2025.
Current status: The case remains closed post-emergence. The reorganized debtor continues to operate under the Ambience Parent, Inc. entity structure established by the confirmed Plan.