One home goods retailer has seen its sales soar during the coronavirus pandemic, with consumers flocking to its website and stores for new patio furniture and office accessories. And it has big goals to grow, while many retailers are slimming down, or some in its category like Pier 1 Imports are going out of business entirely.
The CEO of Plano, Texas-based At Home told CNBC’s Kelly Evans Friday afternoon that the company could grow from the 219 locations it has today to more than 600 shops nationwide.
“We’re a growth company,” Chief Executive Lee Bird said. “We’ve been growing almost 20% … for the past seven years.”
While some have been struggling through the Covid-19 crisis and seen sales tumble, At Home’s business is booming, according to a recent preliminary earnings report.
Earlier this week, At Home released preliminary, unaudited results for its latest quarter ended July 25. It