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Re: Retail Sales Fall Sharply As Trump Tariffs Hurt Consumer Spending In May 

By: De_Composed in GRITZ | Recommend this post (3)
Wed, 18 Jun 25 4:04 PM | 19 view(s)
Boardmark this board | Grits Breakfast of Champeens! 		Msg. 09880 of 09944
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Re: “The home goods store, 'InHome' has filed for bankruptcy saying that they're being hit hard by the tariffs as virtually all of their merchandise is imported. My wife's shopped there a couple of times.”
- oldCADuser #msg-1266748  

Are you sure it doesn't have anything to do with the store being so lame that customers like you don't even remember its name?

June 18, 2025

Fact Check: Media Blames Trump for Closure of Stores That Were Going Bankrupt Under Biden

No, it's not about tariffs.

by Daniel Greenfield
FrontPageMag.com


The tariffs, contrary to media expectations, did not destroy the economy. But that won’t stop the media from trying anyway.

Popular home goods chain files for bankruptcy amid tariff trouble – CNN

At Home, a popular home goods retailer with 260 stores across 40 US states, has filed for bankruptcy, citing the backdrop of tariff increases and a slowdown in consumer spending.

Brad Weston, At Home’s CEO who joined the company last year, said in a statement that the company is “operating against the backdrop of an increasingly dynamic and rapidly evolving trade environment as we navigate the impact of tariffs”

Businesses across the United States are grappling with uncertainty about tariffs, including on the countries from which At Home sources its products, notably China. At one point, American tariffs on that country were as high as 145% before an agreement last month to temporarily lower that to 30%.
Those tariffs sure are devastating. So devastating that they actually went back in time to 2023 to take down At Home.

At Home took on massive amounts of debt to cover its pandemic era expansion, but, like Bed, Bath and Beyond, and other home goods retailers, it couldn’t survive the contraction as more of the country got back to work. There was talk it would go under in 2023.

At Home’s fate was sealed under Biden. Blaming Trump for it is dishonest.

http://www.frontpagemag.com/fact-check-media-blames-trump-for-closure-of-stores-that-were-going-bankrupt-under-biden/

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