Struggling with mounting debt and the impact of current tariffs, At Home may be headed to bankruptcy.
In an interview with Bloomberg, At Home chairman and CEO Lee Bird said that a precipitous drop in At Home’s stock price in June led him to reconsider the company’s business, like slowing the opening of new stores. Another was that the chain needed to sell online. Should At Home sell furniture online?
Kohl’s is holding preliminary discussions to acquire At Home, the home decor superstore with 188 locations, according to Reuters. Do you see more pros than cons in Kohl’s acquiring At Home?
Furniture is among the fastest growing categories online. But despite the rush to gain a sales edge online, not everyone is following suit as evidenced by At Home, a fast growing chain of big box furniture stores. What do you think of At Home’s current approach to using its website to drive sales at the chain?
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