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 ...

Franchise Group has filed for bankruptcy but Pet Supplies Plus, The Vitamin Shoppe and Buddy’s Home Furnishings will remain in operation.

Franchise Group, owner of home furnishings retailer American Freight and Buddy’s Home Furnishings, filed for Chapter 11 in the U.S. Bankruptcy Court for the D

The closures are part of Chapter 11 bankruptcy proceedings by parent company Franchise Group Inc. Franchise Group Inc. cited "sustained inflation and macroeconomic challenges" as reasons for the closures. Going-out-of-business sales will be managed by ...