Tariffs and Chapter 11 Bankruptcy: At Home's Restructuring Effort
Monday, 16 June 2025, 14:33
Tariffs and Bankruptcy: A Retailer's Challenge
At Home, a well-known home decor and furniture chain, is filing for Chapter 11 bankruptcy as it grapples with the repercussions of rising tariffs. This decision comes as part of a strategic restructuring aimed at eliminating $2 billion in debt while securing $200 million in capital to support this transition.
Details of the Filing
- The company announced its bankruptcy decision on Monday.
- Strategy involves transitioning ownership to lenders holding over 95% of its debt.
- CEO Brad Weston noted the challenges posed by rising tariffs on the business.
Future Prospects
Through this restructuring effort, At Home aims to stabilize operations and return to a competitive position within the market.
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