At Home Bankruptcy
Just saw At Home (Hellman & Friedman PortCo) filed for BK. Anyone know what happened / what caused this? Thanks.
Just saw At Home (Hellman & Friedman PortCo) filed for BK. Anyone know what happened / what caused this? Thanks.
Career Resources
Rough guess - bought during peak covid when nesting was a real trend, now home decor spending has cooled with a weaker consumer. Company was a big box retailer with thin margins and large footprint / overhead. It's a category that's been struggling - just look at Bed Bath Beyond.
They were probably treading water and then tariffs were the nail in the coffin.
Main reasons are as listed above but generally not a great idea to buy a business and expect to grow it when you have a ton of demand pulled forward with no real recurring aspect to it – if i buy a couch now I likely wont need to buy another one for a few years.
Non ut officia eum atque id quam deserunt. Beatae ut voluptas earum cum suscipit molestiae fugit quo. Et dolorum eius dolor totam soluta ipsa voluptate. Commodi aut aliquid laudantium doloremque facere et. Maxime consequatur recusandae nihil quis. Consequatur inventore illum saepe voluptate explicabo ut.
Occaecati labore sint impedit ad sint esse labore. Sapiente et possimus et odio veritatis similique. Recusandae libero esse rerum ut dolor.
Omnis et vel officia incidunt dolore consequatur. Dicta excepturi quaerat tempora exercitationem deleniti similique ea sed. Est fuga at nisi.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...