Hobby Lobby rival with 250 stores across the US is closing location – as company sets final date doors shut for good is Hobby Lobby going ...
Hobby Lobby rival with 250 stores across the US is closing location – as company sets final date doors shut for good
is Hobby Lobby going out of business
A beloved home decor company and Hobby Lobby competitor has confirmed the closure of a popular location.
Shoppers must act quickly to make last-minute holiday homeware purchases before the doors close for good.
In Montgomery, Alabama, an in Home store will be closed in Eastdale Mall.
It opened in 2017 for local customers inside the former Sears location, prior to major closures and the parent company's bankruptcy filing the following year.
While there is no set date for the At Home in Eastside Mall's closure, a representative told local CBS affiliate WACA 8 that it will be by the end of 2024.
Liquidation sales are expected to begin soon, although the cause for the suspension has yet to be confirmed.
Following the closure, At Home customers in Montgomery will have to go a little further to get their favourite merchandise at adjacent locations in Hoover, Mobile, or Trussville.
According to its website, At Home still maintains more than 250 locations in 40 states.
It has been in business since 1979, when it opened its first store in Dallas, Texas.
From there, At Home expanded fast over the next 45 years to become what it is today.
This spring, going-out-of-business placards were spotted at the home goods retailer's location in New York's Destiny USA mall.
The Destiny USA store was large, occupying 88,000 square feet on the first floor of the structure.
It formally closed in August, with no explanation given by At Home.
In 2022, At Home stores will close in California, Illinois, New York, and Texas.
Just over a year ago, in August 2023, a location in Iowa was likewise closed.
Conn's Home Plus, which has over 100 years of experience in the United States, declared bankruptcy in July.
According to Retail Dive, the company reported financial difficulties following the peak of the coronavirus pandemic in 2020, and owed creditors approximately $50 million at the time of the Chapter 11 filing.
In October, preparations are underway for the closure of all 170 of its outlets.
Department store behemoths like Macy's are likewise taking similar steps.
It confirmed that 150 locations would close during the next three years.
In 2020, Macy's disclosed plans for 125 closures, resulting in a nearly 300-store closure in the future years.
Shoppers must act quickly to make last-minute holiday homeware purchases before the doors close for good.
In Montgomery, Alabama, an in Home store will be closed in Eastdale Mall.
It opened in 2017 for local customers inside the former Sears location, prior to major closures and the parent company's bankruptcy filing the following year.
While there is no set date for the At Home in Eastside Mall's closure, a representative told local CBS affiliate WACA 8 that it will be by the end of 2024.
Liquidation sales are expected to begin soon, although the cause for the suspension has yet to be confirmed.
Following the closure, At Home customers in Montgomery will have to go a little further to get their favourite merchandise at adjacent locations in Hoover, Mobile, or Trussville.
According to its website, At Home still maintains more than 250 locations in 40 states.
It has been in business since 1979, when it opened its first store in Dallas, Texas.
From there, At Home expanded fast over the next 45 years to become what it is today.
CONSISTENT TRENDS?
It is unknown whether customers may expect more At Home closures soon, since another location has already closed this year.This spring, going-out-of-business placards were spotted at the home goods retailer's location in New York's Destiny USA mall.
The Destiny USA store was large, occupying 88,000 square feet on the first floor of the structure.
It formally closed in August, with no explanation given by At Home.
In 2022, At Home stores will close in California, Illinois, New York, and Texas.
Just over a year ago, in August 2023, a location in Iowa was likewise closed.
TAKE HITS
Other home goods retailers have suffered larger knocks.Conn's Home Plus, which has over 100 years of experience in the United States, declared bankruptcy in July.
According to Retail Dive, the company reported financial difficulties following the peak of the coronavirus pandemic in 2020, and owed creditors approximately $50 million at the time of the Chapter 11 filing.
In October, preparations are underway for the closure of all 170 of its outlets.
Department store behemoths like Macy's are likewise taking similar steps.
It confirmed that 150 locations would close during the next three years.
In 2020, Macy's disclosed plans for 125 closures, resulting in a nearly 300-store closure in the future years.