New Bankruptcy And Total Closure Will Affect Texas The Most

Texas looks to be the most affected by the latest store to declare bankruptcy as all stores are now closing, and the Lone Star State counts for nearly 10% of that total number. As of June of this year and according to this Scrape Hero article, Florida and Texas have 34 and 33 stores of roughly the 350 locations of the newest retail chain to be going out of business, so about 20% of the entire roster.

Read More: Walmart Now Closing All Of These Texas Centers Permanently

According to the information, Florida had one more total store than Texas at the time in June, but considering Texas has 35% more people than Florida, it is the Lone Star State's residents that will be most affected by the total closure of all American Freight stores. Closing sales have begun as of earlier this week, and everything literally must go as all stores will permanently close.

What did American Freight sell before declaring bankruptcy?

This is the storefront for Austin, and you can see by the sign that American Freight specialized in appliances, furniture, and mattresses.

Read More: Whopping 50 Texas Stores Now Closing In Recent Bankruptcy

As a first time homebuyer, my wife and I were able to purchase a quality washer and dryer from an American Freight. It was a great place to shop if you were hoping to furnish your first home.

Why is American Freight closing all stores after bankruptcy?

Sustained inflation is cited as the biggest reason for the parent company to declare bankruptcy. The bulk of the stores by far are across the South, so the neighbors of Texas and Florida will also feel a major impact.