First off, At Home is a profitable company that continues to expand, opening 31 stores over the past year. Garden Ridge collapsed, and from its ashes arose At Home several years ago, first as a private company and then in 2016 as a public entity. Two private equity firms involved in the process—AEA Investors and Starr Investment Holdings—together control slightly more than 25% of At Home’s stock. Which leaves the default buyer of any retailer going through potentially difficult times: other private equity firms. It could continue to ride it out, hoping to fix whatever is broken—notably its online business, which appears to be non-existent.

Source: Forbes April 08, 2019 17:50 UTC