NORTHBROOK, Ill. — A major furniture and appliance store retailer is closing all of its locations nationwide as its parent company works to emerge from bankruptcy.
In a news release, American Freight announced store closing sales at all 328 locations across the country, including three stores in Minnesota, located in St. Paul, Coon Rapids and Burnsville.
The closures come as American Freight's parent company Franchise Group, Inc. announced a restructuring plan earlier this month as part of Chapter 11 bankruptcy proceedings. Franchise Group will shutter American Freight while keeping several other businesses open, including Pet Supplies Plus, The Vitamin Shoppe and Buddy's Home Furnishings.
As the business winds down, American Freight will discount remaining items up to 30% off in stores and online. All sales will be considered final, though financing and delivery will remain available.
"Our goal is to deliver outstanding value to customers during this full chain closing sale," said Ian Fredericks, CEO of Hilco Consumer-Retail, which is handling the store closing sales, in a news release. "Everything is on sale and must be sold, and we recommend shopping early for the best selection."
Minnesota locations
- 717 Prior Ave. N, St. Paul
- 3200 Hwy. 13 W, Burnsville
- 131 85th Ave NW, Coon Rapids
