American Freight Appliances & Furniture, or American Freight, is an American retail furniture chain founded in Lima, Ohio in 1994. The company was acquired in 2020 by Franchise Group and combined with former Sears Outlet stores under the American Freight name.
History
The first American Freight store was founded by Steve Belford in Lima, Ohio in 1994 as American Freight Furniture & Mattress.[4]
By 2014, the company was operating 95 stores in 18 states, and October that year was acquired by an affiliate of private equity firm The Jordan Company of New York.[5]
The company was acquired by Franchise Group for US$450M[3]