PHOENIX — A now-bankrupt furniture store is closing all of its roughly 370 locations across the country, including seven in the Valley.
American Freight, an Ohio-based appliance and furniture store said the closures were due to financial problems incurred because of “sustained inflation and macroeconomic challenges facing the large durable goods sector," our sister station in Huntsville, Tennessee reported.
VERSIÓN EN ESPAÑOL: Mueblería anuncia que cerrará todas sus sucursales, incluídas 7 en el Valle luego de declararse en quiebra
Franchise Group Inc., American Freight's parent company, filed for bankruptcy in Delaware last week.
Hilco Consumer-Retail is overseeing the liquidation process for American Freight as the company winds down operations nationwide.
"Everything is on sale and must be sold, and we recommend shopping early for the best selection," said Ian Fredericks, CEO of Hilco Consumer-Retail, emphasizing the value offered during the sale.
The following Valley locations are going to close:
- 3144 E. Thomas Rd., Phoenix, AZ 85016
- 5000 S. Arizona Mills Circle, Tempe, AZ 85282
- 5734 W Peoria Ave., Glendale, AZ 85302
- 16809 N. 9th St., Phoenix, AZ 85022
- 4961 W. Bell Rd., Glendale, AZ 85308
- 857 N Val Vista Dr., Gilbert, AZ 85234
- 4422 E. University Dr., Mesa, AZ 85205
Going out of business sales start Tuesday. Customers can get up to 30% off.
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