At Home set to emerge from bankruptcy with most of its stores

Core Insights - At Home is emerging from Chapter 11 bankruptcy with a significantly reduced debt load and most of its store locations intact, having closed approximately 30 stores while maintaining over 230 stores across 39 states [3][6] - The company has received approval for its reorganization plan, which will eliminate nearly all of its $2 billion in funded debt and provide access to an asset-based loan of about $500 million [6] - The retailer's operations have continued during bankruptcy, including the launch of an exclusive home collection by Real Simple, indicating a focus on maintaining business continuity [5][6] Industry Context - U.S. trade policies, particularly the proposed 30% tariff on upholstered furniture and other home goods, are creating challenges for retailers like At Home, contributing to consumer uncertainty [4][6] - Despite these challenges, furniture sales showed a growth of nearly 3% in August, suggesting a recovery from the post-pandemic slowdown, although concerns about tariffs are influencing consumer spending behavior [4][5] - At Home sources about 90% of its products from overseas, making it particularly vulnerable to tariff-related disruptions [6]