At Home, a popular home goods retailer with 260 stores across 40 US states, has filed for bankruptcy, citing the backdrop of tariff increases and a slowdown in consumer spending.
The Dallas-based company announced Monday that it had entered an agreement with its lenders that “will eliminate substantially all” of its roughly $2 billion in debt and provide $200 million in fresh funding to keep At Home operating while it navigates the Chapter 11 process.
I'm not sure it's the fault of the tariffs. I don't think a company on solid financial ground goes under in a few months because of the tariffs we have seen. We have one where I live and I never see the parking lot with a lot of traffic except maybe Christmas season. I'be been in the store twice and bought a little.At Home has 262 stores in 40 states and employs 10,000 Americans.
If a company this large can be snuffed out by tariffs imagine what medium and small businesses are going through.
A company paying +25% for their goods will sink very quickly.I'm not sure it's the fault of the tariffs. I don't think a company on solid financial ground goes under in a few months because of the tariffs we have seen. We have one where I live and I never see the parking lot with a lot of traffic except maybe Christmas season. I'be been in the store twice and bought a little.
I'm not sure about that. I think home improvement companies do well when people keep and renovate their homes.Unless you see overall growth in new homes and more housing units being built this is a tough business to be in.
….or taxes….I believe we are in the era where bankruptcy is evidence of smart business management – it is simply a sound decision to not pay prior monetary obligations.
Maybe he drives by only on Sunday mornings. Who knows.A company paying +25% for their goods will sink very quickly.
At Home is almost 50 years old so they've had some success, until now.
You observation of their parking lot is meaningless.
At Home has 262 stores in 40 states and employs 10,000 Americans.
If a company this large can be snuffed out by tariffs imagine what medium and small businesses are going through.
Wait... what? I don't believe that it is unappealing to send similar merchandise for way less money.Good. That store is totally unappealing. They sold a bunch of merchandise you can get at Walmart or on Amazon for way less money.
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