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Furniture store American Freight is set to close all of its 328 locations nationwide ― including the Perry Township store at 4345 Lincoln Way E ― as a part of Chapter 11 bankruptcy proceedings.
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.
American Freight, a discount furniture and appliance retailer with more than 328 locations across 41 states, including California, is permanently closing all of its stores as its parent company ...
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.
Sears Hometown and Outlet Stores Inc. was an American retail company that sold home appliances, lawn & garden equipment, apparel, mattresses, sporting goods, and tools. [3] [4] The company had four subsidiary store formats: Sears Hometown, Sears Outlet, Sears Hardware and Appliance, and Sears Home Appliance Showrooms. [5]
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'
According to documents filed in the U.S. Bankruptcy Court in Delaware, American Freight will close all locations following a move by parent company, Franchise Group, to file bankruptcy protection.
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