American Freight merged with Sears Outlet after Franchise Group bought the Sears Outlet stores. However, the brand is not owned by Sears. The furniture and appliance retailer that has 328 locations in the United States, according to USA TODAY, is preparing ...

American Freight has three locations in Louisiana, including its Lafayette store at 2001 NW Evangeline Thruway.

Suburban Columbus-based Franchise Group has opted to shut down its American Freight discount furniture retail chain as a way to alleviate its debt challenges in a Chapter 11 bankruptcy process.

American Freight plans to close storefront locations, including in Houston, as its parent company, Franchise Group Inc., has filed for Chapter 11 bankruptcy. The furniture and mattress store has initiated the final closing sales at 328 locations with discounts being offered including 30% off the lowest ticketed prices,

Store closing sales have begun in-store and online, with discounts of up to 30% off the lowest ticketed prices.

Franchise Group cited "sustained inflation and macroeconomic challenges facing the large durable goods sector" as reasons to shut down 300-plus locations.

Over 300 American Freight stores are closing nationwide, two of which are in Central Illinois. The chain furniture store operates in dozens of states. In Central Illinois, locations include Champaign and Decatur.

An Ohio-based furniture retailer is shutting down for good, closing doors at all locations across the nation. As it closes, the company promises slashed prices and deep discounts as they work to get rid of inventory.