Dothan, Ala (WDNews) – American Freight, a nationwide furniture retailer, is closing all 328 of its stores, including the Dothan location at 2300 Ross Clark Circle. This decision follows the Chapter 11 bankruptcy filing of its parent company, Franchise Group, Inc., in the U.S. Bankruptcy Court for the District of Delaware. The company cited “sustained inflation and macroeconomic challenges” as reasons for the closures.
Store closing sales are set to begin on November 5, offering customers significant discounts on remaining inventory. These sales will be managed by Hilco Consumer-Retail, a firm specializing in liquidation processes.
Franchise Group, Inc. also owns other brands, including The Vitamin Shoppe, Pet Supplies Plus, and Buddy’s Home Furnishings. According to the company’s restructuring plan, these brands will continue operations as usual.
The Dothan community, along with others nationwide, will soon see the closure of their local American Freight stores as the company winds down its operations.