Overview

• At Home filed for Chapter 11 protection on June 16 under a Restructuring Support Agreement with its lenders
• Trump-era tariffs on Chinese imports and weakened consumer spending in the home goods sector drove its financial strain
• As part of its court-approved plan, the company will shutter about 20 underperforming locations
• Lenders holding over 95% of its debt will convert their claims into equity and take control upon emergence
• The retailer said it will continue to operate all remaining stores, fulfill orders and maintain vendor and loyalty commitments during reorganization