Big Changes in Aiken: American Freight Store Set to Close

Big Changes in Aiken: American Freight Store Set to Close

Aiken, South Carolina – December 19, 2024

The bustling city of Aiken is poised for yet another shift in its retail landscape as the American Freight store, located in the popular Kalmia Plaza shopping center, prepares to close its doors for good. Signs plastered across the front entrance of the store at 1680 Richland Ave. W. boldly declare, “Everything must go!” This marks a significant moment for the community as a well-known discount furniture, mattress, and appliance outlet bids farewell.

Having served local shoppers for some time, American Freight has been a go-to destination for those seeking affordable home essentials. Unfortunately, the store is not closing due to local mismanagement, but rather as part of a larger crisis affecting its corporate parent, Franchise Group Inc., which recently filed for bankruptcy protection. With over 300 locations across the country facing the same fate, this decision has sent ripples through the retail sector.

What’s Behind the Closure?

The decision to shutter all American Freight locations stems from a restructuring deal with lenders that was announced in November. A significant contributing factor to this drastic action has been the ongoing pressure from sustained inflation and various macroeconomic challenges impacting the durable goods market. According to a release from Franchise Group, these issues have made it increasingly difficult for American Freight to thrive, leading to the current liquidation sale.

For those wondering about the future of other retail outlets under the Franchise Group umbrella, there’s good news! While American Freight will be disappearing, stores like The Vitamin Shoppe and Pet Supplies Plus will remain open for business. Additionally, Buddy’s Home Furnishings locations will also continue to serve their loyal customers.

What Happens Next?

As the Aiken community prepares for the changes ahead, many shoppers may be curious about what to expect as the liquidation process begins. Hilco Consumer-Retail has been brought on board to assist with the going-out-of-business sales, meaning that customers can look forward to some enticing deals and discounts as American Freight clears its inventory.

While the timing of the closure has not been officially confirmed, it seems that the store is racing against the clock to sell off everything from furniture to appliances. Whether you’re hunting for a new mattress or just looking to spruce up your living space, it might be worth a trip to Kalmia Plaza before it’s too late!

Local Impact

The closure of American Freight is sure to have a noticeable impact on the community. Not only does it eliminate a convenient shopping option for Aiken residents, but it also raises concerns about the local economy and job market. As Franchise Group undergoes this restructuring, many wonder about the long-term effects on Aiken’s retail scene.

The news of American Freight’s closure is just another reminder of the ever-changing landscape of retail. With consumer preferences evolving and online shopping gaining popularity, traditional brick-and-mortar stores are facing tougher challenges than ever before.

Stay Informed

While changes are unfolding in Aiken, it’s important to stay tuned for updates regarding the store’s inventory sales and final closing dates. For those interested in grabbing a deal, be sure to check the American Freight website for more details on the ongoing sale.

In the meantime, let’s bid farewell to this local staple and look ahead to what the future holds for Aiken’s shopping scene. With resilience and creativity, the community can adapt and thrive, even in changing times!