California Shoppers See Big Discounts as American Freight Closes 14 Statewide Locations
American Freight, a national furniture and appliance retailer, has announced it will close all 328 stores, including 14 locations in California, as part of its bankruptcy process. The company, known for its affordable furniture and home essentials, has launched store-closing sales nationwide. With the closures, American Freight joins a growing list of retailers impacted by inflation and challenging economic conditions that have reshaped the consumer landscape.
Hilco Consumer-Retail, which is managing the sales, is offering significant discounts on American Freight’s full range of inventory. Shoppers can expect up to 30% savings on marked-down prices, covering an array of products from living room and bedroom sets to scratch-and-dent and new-in-box appliances. The sales are expected to draw in customers looking for high-value bargains, and new inventory will continue to arrive while supplies last.
Ian Fredericks, CEO of Hilco Consumer-Retail, expressed the company’s commitment to delivering value to customers through these final sales. Franchise Group, Inc., American Freight’s parent company, cited inflation and continued economic challenges, especially in the large durable goods sector, as key reasons for the closure. Shoppers in California and beyond are encouraged to secure deals as the company winds down operations quickly.