Franchise Group, which owns American Freight, announced it is filing Chapter 11 bankruptcy and will be shuttering all of the furniture store's 328 locations.

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

A furniture and appliance store is closing all of its locations across the United States, including four in Colorado. Closing sales began last week.

The Ohio-based discount retailer is closing 328 furniture, appliance and mattress stores, including 10 in Southern California, the Orange County Register reported, citing an announcement by liquidator Hilco Consumer-Retail.

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

American Freight this month began shuttering its 370-store footprint, which includes six Houston-area locations and 30 statewide. Another furniture and appliance retailer is closing for business. American Freight this month began shuttering its 370-store footprint,

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,