Is At Home Group (HOME, $20.49) seeking buyers for itself?

At Home Group is reportedly looking at options, including a sale of the retail chain.

Citing anonymous people familiar with the matter, Reuters reported that the home décor retail company has tied up with Bank of America to explore possibilities and engage with potential buyers. The anonymous sources warned, however, that no deal is certain yet.

At Home Group is apparently trying hard to tackle the intense competition it faces from e-commerce and other brick-and-mortar retailers. The laggard performance of the company’s shares is apparently making it an acquisition target, as hinted by the anonymous sources (according to Reuters).

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Sergey Savastiouk|Expert

Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.