Overview

• At Home filed for Chapter 11 bankruptcy on June 16, blaming high debt and tariff-driven import costs.
• Under a restructuring support agreement, it will eliminate nearly $2 billion in debt and receive $200 million in new funding.
• The retailer will initially close about 20 underperforming stores, with additional closures possible as court proceedings continue.
• CEO Brad Weston cited an increasingly dynamic trade environment shaped by President Trump’s tariffs on Chinese merchandise.
• Lenders holding more than 95 percent of the company's debt are slated to take ownership upon the completion of the reorganization.