COLUMBIA, S.C. โ A Major Retail Closure Signals Sales Across South Carolina
American Freight, a furniture and appliance retailer with a national presence, is set to close all its locations, including the ten stores in South Carolina. This announcement comes after the company entered Chapter 11 bankruptcy proceedings and signals significant sales as the retailer aims to clear its inventory.
Who is Affected?
The closure will impact the 328 American Freight stores across the United States. In South Carolina, this includes locations in Columbia, North Charleston, Greenville, Rock Hill, and Myrtle Beach. The Atlas Road store in Columbia is among those closing.
What is Happening?
As part of the liquidation process, American Freight has begun sales at all its locations, allowing customers to take advantage of discounts of up to 30% off the lowest ticketed prices. The inventory available for purchase includes a wide range of merchandise: from living room sets and bedroom furniture to dining tables. The company is also offering a selection of both scratch & dent and new-in-box appliances such as refrigerators, washers, and dryers.
When Will This Happen?
The sales are already ongoing following the announcement, and the company is advised to shop early for the best selection as inventory is limited. The specific timeline for the complete closure is not detailed, but shoppers are encouraged to take advantage of the deals as soon as possible.
Why is This Closure Taking Place?
The decision to shut down operations has been attributed to various factors, primarily inflation and broader macroeconomic challenges. This economic reality has affected many businesses nationwide, leading them to reassess their operations. Hilco Consumer-Retail, the parent company of American Freight, emphasized its aim to provide value to customers during this transition.
โOur goal is to deliver outstanding value to customers during this full chain closing sale,โ said Hilco Consumer-Retail CEO Ian Fredericks. โEverything is on sale and must be sold, and we recommend shopping early for the best selection.โ
What Are the Store Locations?
The specific South Carolina locations that are set to close include:
- 1424 Atlas Rd, Columbia, SC
- 5101 Ashley Phosphate Rd, North Charleston, SC
- 1049B Glenforest Rd, Myrtle Beach, SC
- 2600 Anderson Rd, Greenville, SC
- 473 E Blackstock Rd, Spartanburg, SC
- 122 E Shockley Ferry Rd, Anderson, SC
- 1680 Richland Ave W, Aiken, SC
- 809 Albright Rd, Rock Hill, SC
- 1117 Woodruff Rd, Greenville, SC
Whatโs Next for Shoppers?
Customers in South Carolina and beyond can expect a wave of discounts as American Freight stages its stores for clearance. For many, this might present a final opportunity to purchase appliances and furniture at lower prices before the stores close for good.
The closure of American Freight highlights the shifting landscape in the retail sector, and consumers will be watching closely to see how this trend evolves. Time will tell how this nationwide closure impacts local economies, but for now, a significant sale is underway.
