American Freight will shutter more than 300 home goods stores across the U.S., including 15 in California hurt by high mortgage rates and a drop in home buying and remodeling. The Ohio-based discount retailer is closing 328 furniture, appliance and ...

Liquidator Hilco Consumer-Retail announced the shuttering of 328 locations nationwide and the start of store-closing sales.

Franchise Group, based in Delaware, Ohio, is the parent company of American Freight and other stores including Vitamin Shoppes.

American Freight will close all its Ohio stores as it shutters across the U.S. How many are in Ohio? And who owns American Freight? What we know.

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.