42°F
weather icon Cloudy

Discount furniture retailer to close Las Vegas Valley locations in bankruptcy

Updated November 6, 2024 - 7:09 pm

All American Freight stores nationwide, including two in the Las Vegas Valley, will be closing their doors after owner Franchise Group Inc. filed for Chapter 11 bankruptcy on Sunday.

Both locations, 1437 W. Sunset Road and 4854 W. Lone Mountain Road, are expected to close, with closing sales beginning nationwide in-store and online on Tuesday, the company said in a news release. No closing date was disclosed.

According to Franchise Group, operations will be winding down at all American Freight operations as part of their restructuring support agreement, which has struggled due to inflation and “macroeconomic challenges facing the large durable goods sector.”

Going forward, Franchise Group said it will be focusing on their leading brands Pet Supplies Plus, The Vitamin Shoppe and Buddy’s Home Furnishings for sustained growth.

In July, another home goods and electronics retailer, Conn’s Home Plus, filed for bankruptcy, closing 170 across the country and three in Nevada.

A previous version of this story misstated the address for one of the American Freight stores.

Contact Emerson Drewes at edrewes@reviewjournal.com. Follow @EmersonDrewes on X.

MOST READ
Don't miss the big stories. Like us on Facebook.
THE LATEST
 
Albertsons gives up on Kroger merger, sues the grocery chain

Albertsons said that Kroger failed to exercise “best efforts” and to take “any and all actions” to secure regulatory approval of the companies’ agreed merger transaction.

MORE STORIES