The high-end fashion retail sector has faced economic challenges since the Covid-19 pandemic temporarily shut down the industry in 2020, and it hasn't fully recovered from the retail downturn. Financial distress forced luxury department stores,

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.

The home goods retailer At Home struggles financially, possibly leading to store closures and bankruptcy filing amid rising tariffs.