US EditionCourt approves sale of 28 American Freight stores - Furniture Today
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Court approves sale of 28 American Freight stores - Furniture Today
WILMINGTON, Del. — Franchise Group, owner of Top 100 American Freight, received a judge’s OK to sell 28 of its American Freight stores as part of its ongoing Chapter 11 bankruptcy proceedings. The Delaware, Ohio-based group, which also owns Buddy’s Home Furnishings and other holdings, had filed an asset purchase agreement on Dec. 13, 2024, in which AF Newco I LLC would acquire the intellectual property and 31 leases (30 store leases and one dist…
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