At Home, the home decor and furniture retailer with more than 200 locations in the United States, is filing for bankruptcy. The popular retail chain announced Monday that it is entering Chapter 11 protection as part of a restructuring agreement intended to eliminate $2 billion in debt and provide $200 million in capital to aid with the restructuring process.

Popular home goods chain At Home has filed for bankruptcy and plans to close 26 stores. The Texas-based retailer announced Monday it was entering Chapter 11 protection as part of a restructuring agreement to eliminate $2 billion in debt and infuse $200 million to support operations moving forward.

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.