Popular home goods chain files for bankruptcy amid tariff trouble

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Source: 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.”

Businesses across the United States are grappling with uncertainty about tariffs, including on the countries from which At Home sources its products, notably China. At one point, American tariffs on that country were as high as 145% before an agreement last month to temporarily lower that to 30%.

Read more: https://www.cnn.com/2025/06/16/business/at-home-bankruptcy-closures