Fresno's American Freight among nationwide closures: 'Everything is on sale'

DAYTON, Ohio (WDTN) – The American Freight successful Fresno, 1 of a concatenation of furnishings stores operating successful dozens of states, volition beryllium closing alongside 327 different locations amid struggles with "sustained ostentation and macroeconomic challenges," according to its genitor company.

The locations are presently hosting store-closing income managed by Hilco, a institution which offers liquidation services. The Fresno store is located astatine 4150 Shaw Avenue.

The closing of each American Freight locations comes aft its genitor company, Franchise Group, Inc., filed for bankruptcy protection, according to documents filed successful the U.S. Bankruptcy Court successful Delaware.

"The debtors concluded that American Freight’s constricted magnitude of profitable store locations could not enactment the rightsizing of its concern done a program of reorganization," said David Orlofsky, main restructuring serviceman for Franchise Group.

In a press release issued earlier this week, Franchise Group explained that American Freight had struggled successful the "large durable goods sector." Franchise Group further said that closing American Freight was beryllium portion of its strategy to prop up the company's different brands — specifically, Pet Supplies Plus, The Vitamin Shoppe and Buddy's Home Furnishings — for continued cognition and longer-term success.

"Each of these businesses has a demonstrated worth proposition and provides large products and services to customers, which they volition proceed to bash seamlessly during this process," said Andrew Laurence, president and CEO of Franchise Group.

American Freight has retail outlets successful 41 states. A afloat database of locations can beryllium recovered here.

Store closing income began connected Nov. 5, some online and in-store. Hilco has advertised up to 30% disconnected furniture, appliances and different merchandise.

"Our extremity is to present outstanding worth to customers during this afloat concatenation closing sale," Ian Fredericks, CEO of Hilco Consumer-Retail, said successful a property release. "Everything is connected merchantability and indispensable beryllium sold, and we urge buying aboriginal for the champion selection."