At Home Goods Files for Bankruptcy Amid Tariff Troubles and Retail Shift
At Home, a home goods retailer with 260 stores, filed for Chapter 11 bankruptcy due to high debt levels and challenging market conditions. The restructuring plan will eliminate nearly $2 billion in debt and provide $200 million in new funding to allow continued operations. The company cited tariffs and decreased consumer spending as contributing factors to its financial struggles, mirroring difficulties faced by other home goods retailers. While most stores will remain open, some closures are anticipated as part of the reorganization.
John Q. Hosedrinker