Furniture chain American Freight to close 7 stores in Dallas
There's a huge sale on furniture going down right now, but for a sad reason: American Freight , a chain of furniture stores operating in dozens of states, is permanently shuttering all 328 locations, due to "sustained inflation and macroeconomic challenges," according to its parent company.
That includes seven stores in the Dallas-Fort Worth area.
The closing comes after its parent company, Franchise Group, Inc., filed for bankruptcy protection, according to documents filed in the U.S. Bankruptcy Court in Delaware.
Store closing sales began on November 5, both online and at its 328 locations. Hilco Consumer-Retail is managing these sales for American Freight as the business winds down its operations nationwide. Significant discounts are being offered on the brand's full assortment of inventory.
Shoppers can save up to 30 percent off the lowest ticketed prices storewide. Available items include living room sets, bedroom furniture, dining tables, and a selection of scratch & dent and new in-box appliances, such as refrigerators, washers and dryers.
New inventory is arriving and expected to move quickly, so customers should take advantage of this prime opportunity to enjoy exceptional deals before it's too late.
"Our goal is to deliver outstanding value to customers during this full chain closing sale," said Ian Fredericks, CEO of Hilco Consumer-Retail. "Everything is on sale and must be sold, and we recommend shopping early for the best selection."
During the store closing sales, select American Freight financing and delivery services will remain available to customers, presenting a unique opportunity to shop exceptional discounts with the convenience of flexible payment and home delivery.
The chain has 39 stores in Texas, including 7 in DFW, all closing as follows: