Furniture and appliance retailer American Freight is closing all stores nationwide as part of Chapter 11 bankruptcy proceedings by its parent company, Franchise Group Inc. The company is shuttering all 328 of its stores and initiating store closing sales ...

The company, which sells discounted new, discontinued and refurbished furniture items, will have up to 30% off all items as part of its closing sale.

The locations are currently hosting store-closing sales managed by Hilco, a company which offers liquidation services.

Lima’s American Freight location, a retail chain offering brand-name furniture, mattresses, and home accessories, is one of over 300 locations closing nationwide due to bankruptcy.

Going-out-of-business sales will be managed by Hilco Consumer-Retail. Furniture store American Freight is set to close all of its 328 locations in dozens of states as a part of Chapter 11 bankruptcy proceedings by its parent company, Franchise Group Inc ...