AUSTIN, Texas — A popular furniture store is closing more than 300 locations nationwide, including one in Austin.
The Ohio-based chain American Freight is shutting down 30 locations in Texas, including its lone Austin storefront in northwest Austin at The Shops at Anderson Arbor.
American Freight reportedly blamed the closures on financial issues that stemmed from "sustained inflation and macroeconomic challenges."
The announcement comes after its parent company, Franchise Group Inc., recently filed for bankruptcy at a court in Delaware. Franchise Group Inc. also owns The Vitamin Shoppe, Buddy’s Home Furnishings and Pet Supplies Plus, which are expected to stay open as the company restructures how it operates.
Customers can buy furniture and appliances at discounts of up to 30% off the lowest ticketed price during their going-out-of-business sale.