Home Decor Giant Struggles with Tariff Pressures
From Yahoo Finance: 2025-06-17 10:47:00
Retail sellers are navigating uncertain economic waters as consumer trends shift. At Home, a major home goods retailer, is filing for bankruptcy after accumulating $2 billion in debt. The company cites heavy freight costs, supply chain disruptions, inflation, and reduced consumer confidence as contributing factors. At Home plans to address its financial issues through bankruptcy proceedings, including wiping out its debt and closing 26 stores. CEO Brad Weston remains optimistic about the company’s ability to compete in the marketplace. However, experts warn that the challenges facing At Home may persist in the near future.
Read more at Yahoo Finance: Home Decor Giant Struggles with Tariff Pressures