**At Home Group Inc. Expands Supply Chain Beyond China Amid Restructuring Efforts**
At Home Group Inc. is intensifying its initiatives to diversify its supply chain away from China, as the home-decor retailer aims to maintain inventory levels while navigating ongoing debt-restructuring discussions. Sources familiar with the situation indicate that the financially challenged company is in talks with suppliers from countries like India to facilitate the shipping of goods. These discussions, which have occurred in recent weeks, are deemed crucial for At Home’s restructuring strategy as it strives to ensure its continued operation.
The company has been gradually shifting its sourcing away from China since late 2024, primarily due to concerns over tariffs, as previously reported. In recent negotiations, At Home has also proposed charge-back waivers to suppliers. Charge-backs are financial penalties that retailers can impose on suppliers for issues such as receiving incorrect items or failing to deliver agreed-upon quantities.
At Home, along with its advisors at PJT Partners Inc. and its owner Hellman & Friedman, has refrained from commenting on these developments. The retailer and some of its lenders are exploring various options to address its balance sheet challenges, which may include significant changes in ownership, as reported earlier this year.
Last month, At Home faced difficulties in securing a loan to enhance its cash reserves, a situation exacerbated by the tariff policies implemented during President Donald Trump’s administration. Two years ago, the company issued $200 million in notes and, through a debt exchange, released $412 million in bonds with a payment-in-kind option. Currently, At Home’s debt is trading at distressed levels, with its $600 million first-lien term loan recently hitting a record low of 28.5 cents on the dollar.
In summary, At Home Group Inc. is actively working to reshape its supply chain and financial structure as it confronts significant challenges in the retail landscape.
**FAQ**
**Q: Why is At Home Group Inc. shifting its supply chain away from China?**
A: At Home Group Inc. is diversifying its supply chain away from China primarily due to concerns over tariffs and to ensure a steady supply of goods while managing ongoing debt-restructuring efforts.
