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American Freight Locations (This story has been updated with new information) This article originally appeared on USA TODAY: American Freight to close all 328 stores: 'Everything is on sale'
The company has decided to close all American Freight stores nationwide. There are 365 stores in 40 states, so it’s a large brand. Closing sales at all stores and online will begin on Nov. 5.
The sale of the division to the Franchise Group was finalized on October 23, 2019. [24] Two months later, the Franchise Group acquired American Freight in December 2019 [45] and later rebranded its Sears Outlet stores as American Freight by April 2020. [46]
Original American Freight logo and tagline. The first American Freight store was founded by Steve Belford in Lima, Ohio in 1994 as American Freight Furniture & Mattress. [21] By 2014, the company was operating 95 stores in 18 states, and October that year was acquired by an affiliate of private equity firm The Jordan Company of New York. [22]
Franchise Group, Inc. is an American privately-held holding company that acquires and manages mainly franchise companies. It owns brands in various retail industries including American Freight, Buddy's Home Furnishings, The Vitamin Shoppe, and Pet Supplies Plus.
DAYTON, Ohio (WDTN) — A furniture company is closing all locations, including five in the Miami Valley. According to documents filed in the U.S. Bankruptcy Court in Delaware, American Freight ...
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