National home goods retailer reportedly filing for bankruptcy; will stores close?

National home goods retailer reportedly filing for bankruptcy; will stores close?

A major national home goods retailer is preparing to file for Chapter 11 bankruptcy in the coming weeks, according to a report from Bloomberg.

At Home eyes Chapter 11 as debt, trade issues mount

Home décor retailer At Home is reportedly preparing to file for Chapter 11. Citing sources familiar with the matter, Bloomberg reported that the private equity-owned company’s worsening financial situation has been compounded by the uncertainty surrounding global trade policies and it is scrambling to shore up its liquidity. After missing an interest payment due May 15, At Home entered a forbearance agreement with its lenders May 23. The arrange…

At Home reportedly near Chapter 11 decision

PLANO, Texas — A report from Bloomberg says At Home Group is preparing a Chapter 11 bankruptcy filing. The report, which cites unidentified people with knowledge of the matter, notes that the Plano, Texas-based home décor specialist, owned by Hellman & Friedman, missed an interest payment on May 15 and entered a forbearance agreement with lenders on May 23. Reports from April noted that the retailer is working to restructure nearly $2 billion in…

Financial News Network - Popular home decor retailer prepares to file for bankruptcy: report

At Home Group Inc. is reportedly set to file for Chapter 11 bankruptcy amid liquidity issues and tariff pressures, seeking new suppliers to mitigate financial challenges.Read More …

At Home readies for US Chapter 11 protection amid liquidity struggles

US home decor chain At Home Group is reportedly on the verge of filing for Chapter 11 bankruptcy protection as financial pressure persists.The post At Home readies for US Chapter 11 protection amid liquidity struggles appeared first on Retail Insight Network.

Popular home retailer prepares to file Chapter 11 bankruptcy

The retail chain is battling a large debt, the trade war, and more.