Kirklands going out of business is a topic many shoppers are curious about. Recent news of multiple store closures has created confusion among customers. Some people are worried the company might shut down entirely. However, not all closures mean the whole chain is closing.In this article, we explore the real situation behind Kirkland’s and what it means for customers, but unlike Hobby Lobby.
Kirkland’s Business Timeline
| Year | Milestone |
| 1966 | Founded by Carl and Robert Kirkland in Jackson, Tennessee. |
| 1984 | Acquired by Elias Brothers Restaurants, providing a financial boost for early growth. |
| 1986 | The founders re-acquired the company to return it to its original entrepreneurial roots. |
| 1997 | Launched an Initial Public Offering (IPO), fueling massive national expansion. |
| 2010s | Launched their e-commerce platform, transitioning into an omnichannel retailer. |
| 2024 | Formed a strategic partnership with Beyond, Inc. (owner of Bed Bath & Beyond). |
| 2025 | Rebranded corporate name to The Brand House Collective; sold brand assets for $10M. |
| Sept 2025 | Announced plans to convert most locations into Bed Bath & Beyond Home stores. |
| Early 2026 | Finalized merger with Bed Bath & Beyond; identified 40+ underperforming stores for closure. |
Kirklands Going Out of Business: What’s the Real Story?
Kirkland’s is not completely going out of business, but the company is going through a big change after its 2026 merger with Bed Bath & Beyond. This year, the company has planned to close more than 40 stores that are not performing well. The remaining stores will gradually be converted into “Bed Bath & Beyond Home” locations, similar to what Family Dollar has done.
This change is part of the strategy of the new parent company, The Brand House Collective, which wants to move away from a struggling single-brand model to a more profitable multi-brand retail strategy. In the end, the “Kirkland’s” name will not disappear from the market. Instead, it will become a private-label brand that will be sold inside these new stores and through wholesale channels.
Overview of Kirkland’s in 2026
Kirkland’s Home (now The Brand House Collective) is going through a big change in 2026, moving from a standalone specialty retailer to a multi-brand company connected with Bed Bath & Beyond. Around 40 underperforming locations are closing to reduce costs, while hundreds of others are being turned into “Bed Bath & Beyond Home” stores to use a more well-known national brand name.
This change also includes bringing the Kirkland’s brand into the wholesale market, allowing its main products to be sold through independent retailers and other major platforms. In the end, the company is focusing on an asset-light and omnichannel approach to become profitable again while keeping its 60-year history in the home décor industry.
| Feature | Details |
| New Parent Company | Beyond, Inc. (following a 2026 merger) |
| Corporate Name | The Brand House Collective, Inc. |
| Store Count | ~290-300 (before scheduled 2026 conversions/closures) |
| Main Transformation | Rebranding existing stores to “Bed Bath & Beyond Home” |
| Growth Strategy | Expanding the Kirkland’s brand into wholesale and digital channels |
Why Are People Asking If Kirklands Is Closing?
People are asking if Kirkland’s is closing because they are seeing “Store Closing” signs and liquidation sales at many local stores, which has caused a lot of speculation online. The truth is that the company is going through a major restructuring after its 2026 merger with Bed Bath & Beyond.
As part of this change, the brand is closing more than 40 underperforming stores to reduce costs and focus on making profits. Many other Kirkland’s locations are not shutting down but are being rebranded and turned into “Bed Bath & Beyond Home” stores as part of the new parent company’s national expansion plan.
Recent Store Closures Across the U.S
Kirkland’s is not going away, but in 2026 it is going through a big company restructuring and becoming “The Brand House Collective.” The company is closing about 40+ low-performing stores while rebranding most of the other stores as “Bed Bath & Beyond Home” to use a more well-known national name. This change is part of a bigger plan to move from a struggling single-brand model to a multi-brand strategy, including selling products through wholesale and improving online sales.
| Action Taken | Impact on Kirkland’s Locations |
| Store Closures | Over 40 underperforming stores are being shuttered. |
| Brand Conversion | Many locations are rebranding to “Bed Bath & Beyond Home.” |
| Corporate Identity | Parent company rebranded to “The Brand House Collective.” |
| Retail Strategy | Moving away from standalone decor stores to multi-brand hubs. |
Which Kirkland’s Stores Are Closing?
Kirkland’s has not published a single master list of all closing locations, as closures are ongoing and determined by individual lease expirations and profitability assessments. Instead, they are systematically shuttering underperforming sites while converting the majority of the remaining fleet into “Bed Bath & Beyond Home” stores as part of their 2026 corporate rebranding.
| State | Context |
| California | Multiple locations closing (e.g., Gilroy, Fresno, Apple Valley, Palmdale, Redlands, Lake Elsinore, Livermore, Vacaville). |
| Colorado | All locations identified for closure or conversion as part of the regional reset. |
| General Status | Ongoing closures of ~40+ underperforming stores nationwide through 2026. |
| Conversion Focus | Many remaining stores are being rebranded to “Bed Bath & Beyond Home.” |
How Many Kirklands Stores Are Still Open?
Kirkland’s currently has about 250 to 290 stores, but this number is getting smaller as the company changes into “The Brand House Collective.” The number of open stores isn’t fixed—underperforming stores are closing, while many others are being turned into “Bed Bath & Beyond Home” locations throughout 2026.
| Region/Category | Status |
| Total Fleet | ~250–290 locations (actively transitioning). |
| Store Closures | 40+ underperforming locations are being closed permanently. |
| Brand Conversions | Remaining stores are rebranding to “Bed Bath & Beyond Home.” |
| Regional Availability | Heavily concentrated in Eastern/Central U.S.; limited or no growth in states like California. |
Financial Situation of Kirklands
Kirkland’s, now operating as The Brand House Collective (NASDAQ: TBHC), is currently navigating severe financial instability characterized by a market capitalization of roughly $22 million and consistent operating losses. As of early 2026, the company is managing a net loss of approximately $3.7 million for the recent quarter, while grappling with high debt levels and a declining revenue trend of over 11% year-over-year.
| Financial Metric | Status/Value |
| Market Cap | ~$22 Million |
| Quarterly Net Income | -$3.7 Million |
| Revenue Trend | Down ~11% (Year-over-Year) |
| Debt Position | High liquidity pressure; limited borrowing availability |
| Stock Status (TBHC) | Trading near 52-week lows (~$0.98) |
Company Statement About the Closures
The Brand House Collective (formerly Kirkland’s) has officially said it is doing an “operational reset”. This means it is closing low-performing stores and turning the remaining stores into Bed Bath & Beyond Home locations. CEO Amy Sullivan said these changes are planned steps to create a simpler, more efficient company that focuses on performance and long-term profits within a new multi-brand retail model.
Customer Reactions and Online Discussions
Customer reactions to changes at Kirkland’s have been mixed. Many shoppers feel nostalgic about the brand’s unique home decor but are frustrated by store closures and losing local shopping options.
Online forums, especially Reddit, have become places where customers share experiences, complain about inconsistent product quality, or miss their old neighborhood stores that are now Bed Bath & Beyond Home locations.
Some people think the rebranding is needed to keep the company alive in a competitive market, while others are skeptical, saying the new stores have lost the “cozy” feel that Kirkland’s was known for.
What the Future Holds for Kirklands?
The future of Kirkland’s—now officially The Brand House Collective—is focused on growing into a multi-brand retail leader under the Beyond, Inc. umbrella.
- Brand Integration: The company is changing its main Kirkland’s stores into an “omnichannel” model, mixing Kirkland’s, Bed Bath & Beyond Home, Overstock, and BuyBuy Baby concepts.
- Operational Consolidation: Management is reducing its number of physical stores by closing low-performing locations and turning others into busy “Bed Bath & Beyond Home” stores to make more profit.
- Wholesale Pivot: Beyond stores, the company is using the “Kirkland’s Home” brand as a private-label product line to sell on its websites and through other wholesale partners.
My research about the Kirkland
As you know, I am the founder of Bizlixo, where I share updates and insights about the latest business trends and company news. Recently, I researched Kirkland’s and its ongoing changes in 2026. The brand is going through a major transformation under The Brand House Collective, closing underperforming stores and rebranding others as Bed Bath & Beyond Home. This shift shows how companies adapt to stay competitive and profitable in today’s retail market.
Final Verdict
Kirkland’s is not going out of business, but it is undergoing a major restructuring under The Brand House Collective. The company is closing some underperforming stores while rebranding others as Bed Bath & Beyond Home locations. This strategy aims to keep the brand profitable and adapt to a competitive retail market. In short, Kirkland’s will continue to exist, just in a new form.
FAQs
Is Kirklands going out of business in 2026?
No, Kirkland’s continues to operate many stores across the U.S.
Why are Kirklands stores closing?
Some stores are closing due to underperforming locations or lease expirations as part of the company’s retail strategy.
How many Kirklands stores are still open?
Most stores remain open while only selected locations are closing based on company plans.
How will the closures affect customers?
Customers can still shop at operational stores or online, and closing stores often offer clearance sales for savings.
