IKEA rival with 200 stores across 40 states plots bankruptcy

Another home decor retailer is teetering on the brink of bankruptcy.

At Home, the Texas-based home chain with 200 stores nationwide, is preparing to file for Chapter 11 protection in the coming weeks, according to .

The company reportedly missed a critical interest payment on May 15. It has until June 30 to chart a path forward, which may include bankruptcy.

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