How Tariffs Drove This Retail Chain Into Bankruptcy
UNITED STATES, JUN 16 – At Home will close 26 stores and restructure to eliminate $2 billion in debt due to tariffs, inflation, and supply chain issues, affecting its 260-store chain nationwide.
- At Home, a Texas-based home goods retailer with 260 stores, filed for Chapter 11 bankruptcy on June 16, 2025, in Delaware court.
- The filing followed increasing financial pressure from rising tariffs, inflation, supply chain disruptions, and a slowdown in consumer spending.
- At Home plans to close 26 underperforming stores by September 30, 2025, while agreeing with lenders to eliminate roughly $2 billion in debt and secure fresh funding.
- CEO Brad Weston said the company struggled amid a 'rapidly evolving trade environment' due to tariffs, and analyst Neil Saunders noted debt reduction buys time but broader changes are needed.
- The bankruptcy highlights challenges for brick-and-mortar retailers reliant on imported goods and seasonal sales, illustrating the impact of tariffs and economic uncertainty on retail viability.
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At Home files for bankruptcy, citing tariffs. See which stores are closing
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Fact Check: Media Blames Trump for Closure of Stores That Were Going Bankrupt Under Biden
The tariffs, contrary to media expectations, did not destroy the econony. But that won’t stop the media from trying anyway. Popular home goods chain files for bankruptcy amid tariff trouble – CNN At Home, a popular home goods retailer with 260 stores across 40 US states, has filed for bankruptcy,…
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Leaning Left6Leaning Right1Center2Last UpdatedBias Distribution67% Left
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C 22%
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