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At Home passes supply chain savings to customers

At Home is lowering some prices after cutting supply chain costs (Photo: Business Wire)

At Home is permanently shifting prices on a number of items.

The value home décor retailer is announcing thousands of permanent price drops on items like furniture, rugs, and décor. After supply chain costs rose over $300 million between 2021 and 2022, the company says it has found ways to improve its freight costs while maintaining low prices for consumers.

[Read more: At Home in expansion mode]

At Home stores average 100,000 sq. ft. and sell up to 45,000 items. The offerings include furniture, rugs, wall art, housewares tabletop, patio and holiday décor.

To celebrate its new price drops, At Home is giving away $25,000 in At Home gift cards to members of its Insider Perks loyalty program who shop between March 22-April 4.

“I am excited to announce we’re making it even more affordable to continue to refresh your home – both inside and out. Starting today, we have permanently lowered prices on thousands of items across our store and online. These price drops are possible due to the relentless efforts of our teams to find cost savings throughout our supply chain,” said At Home chairman and CEO Lee Bird. “Last year we had extraordinary cost increases in our supply chain, which led to us raising prices – which we were reluctant to do. We committed to ourselves that we would drop prices as soon as we could. We can now, and we just have.”

“As we see inflation continue to impact our customer from the gas pump to the grocery store, it is more important than ever we pass our savings to the customer. Passing on these supply chain cost savings will provide customers more purchasing power for the home items they desire,” said Chad Stauffer, president and chief merchandising and product officer, At Home. “Great value is important to our customer and critical to ensuring the entire economy stays healthy by enabling more customers to buy. We stay committed to décor for all, all for less. We will continue to evaluate our margins and the market, always looking for savings for our customer.”

Based in Plano, Texas, At Home was acquired in July 2021 by private-equity firm Hellman & Friedman in an all-cash transaction valued at $2.8 billion. At Home currently operates 261 stores in 40 states.

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