Furniture store chain shutting down all locations, including 1 in Western New York
NORTH TONAWANDA, N.Y. — The closure of 328 American Freight stores is underway, including the one location in Western New York. The American Freight location at 778 Niagara Falls Boulevard in North Tonawanda has started the closing process.
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Franchise Group, which owns American Freight, announced it is filing Chapter 11 bankruptcy and will be shuttering all of the furniture store's 328 locations.
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American Freight "has struggled due to sustained inflation and macroeconomic challenges facing the large durable goods sector," the parent company said.
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Franchise Group, based in Delaware, Ohio, is the parent company of American Freight and other stores including Vitamin Shoppes.
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American Freight is shuttering all of its locations and kicking off store closing sales as part of Chapter 11 bankruptcy proceedings by its parent company.
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Franchise Group, based in Delaware, Ohio, is the parent company of American Freight and other stores including Vitamin Shoppes.
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A national furniture chain with multiple stores in West Michigan is shutting down after its parent company filed for bankruptcy. American Freight’s parent company Franchise Group, Inc. on Nov. 3 commenced Chapter 11 bankruptcy in the U.
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The store closing announcement comes days after American Freight's parent company announced restructuring as part of a bankruptcy filing.
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Franchise Group, which owns American Freight, announced it is filing Chapter 11 bankruptcy and will be shuttering all of the furniture store's 328 locations.
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