Home decor retailer At Home has filed for bankruptcy, saying lower spending and higher tariffs are both affecting its bottom line.
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.
-- CNN (@cnn.com) Jun 16, 2025 at 7:57 AM
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... saying lower spending ...
Weak US retail sales, manufacturing output point to softening economy
www.reuters.com
... U.S. retail sales dropped more than expected in May, weighed down by a decline in motor vehicle purchases as a rush to beat potential tariff-related price hikes ebbed, but consumer spending remains supported by solid wage growth for now.
The largest decline in sales in four months reported by the Commerce Department on Tuesday added to moderate job growth last month in suggesting that domestic demand was softening. That was reinforced by other data showing production at factories, outside motor vehicle assembly, decreased in May.
President Donald Trump's aggressive and often shifting tariff position has heightened economic uncertainty, making it difficult for businesses to plan ahead. ...
Lots more info available here ...
At Home Group Inc.
Restructuring Website
cases.omniagentsolutions.com
I don't get the sense that this was a long-time coming on. Yeah, there seemed to be issues, but the tariffs may have pushed them over the brink of continuing solvency vs needing to declare bankruptcy.
Stated differently, yeah, they looked weak, and Pres Trump's policies may have been the thing that made them unable to recover from that weakness.
So, are Pres Trump's policies enabling a "only the strong survive" aspect to the economy?
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