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Popular home goods chain files for bankruptcy amid tariff trouble
CNN ^
| 6/16/25
| Jordan Valinsky, CNN
Posted on 06/17/2025 7:49:39 AM PDT by DallasBiff
New York CNN —
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.
Brad Weston, At Home’s CEO who joined the company last year, said in a statement that the company is “operating against the backdrop of an increasingly dynamic and rapidly evolving trade environment as we navigate the impact of tariffs” and that the changes “will improve our ability to compete in the marketplace in the face of continued volatility and increase the resilience of our business for the long term.”
(Excerpt) Read more at cnn.com ...
TOPICS: Business/Economy
KEYWORDS: agitprop; athome; bankruptcy; bradweston; certainlynotnews; clintonnonnews; cnn; jordanvalinsky; panicporn; retail
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Never heard of the store, I guess they were a competitor to IKEA.
Of course CNN had to make it a derogatory towards Trump headline.
To: DallasBiff
The only popular stores that go bankrupt are the mismanaged ones.
2
posted on
06/17/2025 7:51:25 AM PDT
by
fruser1
To: DallasBiff
That is what happens, when you fill your store with Chinese junk!
3
posted on
06/17/2025 7:52:31 AM PDT
by
spincaster
(ifi)
To: DallasBiff
“Popular” seems an overstatement.
4
posted on
06/17/2025 7:52:46 AM PDT
by
Uncle Miltie
(Sahih al-Bukhari, Book 62, Hadith 88: Mohammed consummated the marriage when she was 9 and he was 54)
To: DallasBiff
You can only sell so many “Live, Love, Laugh” wall graphics.....
5
posted on
06/17/2025 7:52:48 AM PDT
by
txeagle
To: DallasBiff
They were in trouble long before the tariffs. That’s just the CEO excuse to give cover. A little like Bed Bath and Beyond.
6
posted on
06/17/2025 7:54:03 AM PDT
by
Codeflier
(Don't worry....be happy)
To: fruser1
As state......” its roughly $2 billion in debt”....
Tariffs didn’t create that debt - looks like company was long in trouble prior.
7
posted on
06/17/2025 7:55:04 AM PDT
by
caww
(Definition of the Bible: "An Interception from the Mind of God almighty!")
To: spincaster
It’s not Chinese junk at this place, it’s rather expensive stuff, tho I caught a good deal there once.
8
posted on
06/17/2025 7:55:14 AM PDT
by
kelly4c
To: DallasBiff
Never heard of the store, I guess they were a competitor to IKEA.
That's what the Daily Mail stated. They are wrong.
@home was closer to a "Linens and Things"/"Bed Bath and Beyond" competitor, with a touch of "pier One" and upscale "Big Lots" thrown in. They sell home office organizing, overpriced low end furniture, knick-knacks, old-school candy and novelty snacks. They do NOT sell much assemble yourself wood furniture or Swedish Meatballs. They are a tiny fraction of the size of a typical Ikea.
9
posted on
06/17/2025 7:56:16 AM PDT
by
Dr. Sivana
("Whatsoever he shall say to you, do ye." (John 2:5))
To: kelly4c
It’s not Chinese junk at this place, it’s rather expensive stuff
It might be expensive, but it is still largely Chinese.
10
posted on
06/17/2025 7:57:09 AM PDT
by
Dr. Sivana
("Whatsoever he shall say to you, do ye." (John 2:5))
To: Codeflier
Bed, Bath and Bankrupt..................
11
posted on
06/17/2025 7:57:24 AM PDT
by
Red Badger
(Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
To: caww
Also stating.......” At Home's CEO who joined the company LAST YEARl”
Also indicates they had a previous bad managerial problem that created their $2 billion dollar debt.
12
posted on
06/17/2025 7:58:01 AM PDT
by
caww
(Definition of the Bible: "An Interception from the Mind of God almighty!")
To: fruser1
STOP cheap quality imports particularly from China! If you can, buy American!
To: DallasBiff
I’ve shopped there three times while in Phoenix. Big store. Besides my daughter and me, there were 2-3 other people shopping. They did give a 10% military discount.
14
posted on
06/17/2025 7:59:13 AM PDT
by
toldyou
(Even if the voices aren't real, they have some pretty good ideas.)
To: txeagle
Those wall graphics are now considered very “outdated” decoration items.
15
posted on
06/17/2025 8:00:28 AM PDT
by
caww
(Definition of the Bible: "An Interception from the Mind of God almighty!")
To: DallasBiff
No. Tens of thousands of very chintzy, cheap, lightweight Chinese-imported “wall art” and folded sheet tin metal cr*p.
16
posted on
06/17/2025 8:07:51 AM PDT
by
Robert A Cook PE
(Method, motive, and opportunity: No morals, shear madness and hatred by those who cheat.)
To: DallasBiff
We have one in our town. Never been in it. My idea of wall decorations are deer antlers.
To: DallasBiff
I shopped there for Christmas gifts. Good for little household items like placemats, teapots, small gifts, cards, area rugs, etc. but everything they sold was available in many other places, quality was medium level.
18
posted on
06/17/2025 8:11:53 AM PDT
by
SaxxonWoods
(The road is a dangerous place man, you can die out here...or worse. -Johnny Paycheck, 1980, Reno, NV)
To: DallasBiff
About 20 years ago, there was a wave of “home goods” stores opening that sold cheap products and knick-knacks, mainly catering to women. Since COVID, a lot of them have gone bankrupt or disappeared for some other reason.
19
posted on
06/17/2025 8:13:14 AM PDT
by
Opinionated Blowhard
(When the people find that they can vote themselves money, that will herald the end of the republic.)
To: DallasBiff
We have At Home in my area, just discovered them about 5 years ago. They sell cheap crap. I call them the Harbor Freight of home goods.
20
posted on
06/17/2025 8:21:31 AM PDT
by
fwdude
(Why is there a "far/radical right," but damned if they'll admit that there is a far/radical left?)
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