- Dallas-based At Home Group has filed for Chapter 11 bankruptcy, citing tariffs and foreign trade volatility as major challenges.
- The company’s restructuring plan will eliminate most of its $2B debt and provide a $200M cash infusion, shifting ownership to lenders.
- While 20 locations will close, the majority of At Home’s 260 stores across 40 states will remain operational during the restructuring process.
A Home Goods Giant Falters
At Home, a national home décor and furniture chain with more than 260 locations, has filed for bankruptcy as it attempts to navigate mounting financial pressure, reports Bisnow. The company is pursuing a restructuring plan that will wipe out nearly all of its $2B in debt and secure $200M in new financing. Ownership of the company will transfer to its creditors under the agreement.
Tariffs Take A Toll
CEO Brad Weston attributed the bankruptcy largely to federal tariff policies that have disrupted At Home’s supply chain. “We are operating against the backdrop of an increasingly dynamic and rapidly evolving trade environment,” Weston said, noting that the restructuring would help the company stay competitive despite external pressures.
Chief Financial Officer Jeremy Aguilar further emphasized the impact of US tariffs, noting that At Home’s dependence on foreign suppliers — particularly from China — made it vulnerable to trade policy changes. The company has since diversified its sourcing to countries like Vietnam, India, and Turkey.
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Not Just Trade Troubles
While trade disruptions played a key role, industry experts suggest that At Home’s challenges run deeper. GlobalData’s Neil Saunders pointed to stiff competition from better-known players like Ikea and Wayfair, combined with a heavy debt burden that was unsustainable without restructuring.
Stores Stay Open — Mostly
Despite the bankruptcy filing, At Home will keep the majority of its stores open during the restructuring process. Only 20 locations are expected to close, while operations at the remaining 240 stores will continue as usual.
What’s Next
At Home’s Chapter 11 process reflects a growing trend among retailers struggling with debt and global supply chain volatility. The home goods chain is betting that a lighter balance sheet and realigned sourcing strategy will give it a second chance in an increasingly competitive market.
