The Texas-based home furnishings and specialties retail chain At Home is filing for bankruptcy.
The company has depended heavily upon imports and cites a "volatile" trade market as one of the reasons for its move into bankruptcy court, including higher shipping costs, inflation, and changing shopping habits.
And then there are tariffs recently established in the US and elsewhere which add to that volatility in the wholesale markets.
The retailer, which grew out of the Garden Ridge Pottery chain (it changed brands in 2014), is based in the Dallas suburb of Coppell.
At Home boasts 260 stores nationwide but now finds itself $2 billion in debt and hoping a bankruptcy court will help in eliminating that debt plus help in drawing investors who could provide up to a $200 million line of credit to help the retailer stay strong in the home furnishings marketplace.
The company says it intends to continue running its retail stores as usual, despite a recent Wall Street Journal report that it plans on closing about 20 of its stores.
“While we have made significant progress advancing our initiatives to date, we are operating against the backdrop of an increasingly dynamic and rapidly evolving trade environment as we navigate the impact of tariffs,” CEO Brad Weston said on Monday.