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).