Europe EditionAt Home retail chain files for bankruptcy as part of restructuring effort
- At Home, a Dallas-based home goods retailer with 260 stores in 40 states, filed for Chapter 11 bankruptcy on June 16, 2025.
- The filing came after missed interest payments and financial strain caused by increased tariffs alongside reduced consumer demand.
- At Home reached an agreement with creditors holding approximately 95% of its nearly $2 billion debt, securing $200 million in new funding to support its ongoing operations during the restructuring process.
- CEO Brad Weston expressed satisfaction with the agreement reached with the company’s lenders, while the business intends to close about 20 locations as part of its restructuring efforts.
- The bankruptcy aims to eliminate most of At Home’s debt and transfer ownership to lenders to support efforts improving efficiency, inventory, sales, and profitability.
Insights by Ground AI
Does this summary seem wrong?
129 Articles
129 Articles
All
Left
10
Center
74
Right
5
LA Daily News+3 Reposted by 3 other sources
At Home retailer closing 8 California stores in bankruptcy reorganization
The home décor retailer At Home will shutter eight of its California stores as it reorganizes in bankruptcy, according to documents filed in Wilmington, Delaware. The Texas-based company, with $2 billion in debt, blamed a “rapidly evolving trade environment” and the “impact of tariff policies” for its decision to restructure and downsize. President Donald Trump’s tariffs have retailers on edge, with many of them postponing sales forecasts for 20…
·Los Angeles, United States
Read Full Article
Coverage Details
Total News Sources129
Leaning Left10Leaning Right5Center74Last UpdatedBias Distribution83% Center
Bias Distribution
- 83% of the sources are Center
83% Center
11%
C 83%
Factuality
To view factuality data please Upgrade to Premium
