American Freight's parent company is restructuring its debt and closing all its stores nationwide, including Savannah's. Here's what we know.

Franchise Group, based in Delaware, Ohio, is the parent company of American Freight and other stores including Vitamin Shoppes.

American Freight, a furniture chain, will close down sites from Sherman to Dallas as part of its effort to shutter 328 stores nationwide and its online service.

PENNSYLVANIA, USA — American Freight has initiated store closing sales at all of its 328 locations and online. As a result, significant discounts are being offered to the brand's full assortment of inventory.

Franchise Group, based in Delaware, Ohio, is the parent company of American Freight and other stores including Vitamin Shoppes.

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Franchise Group, which owns American Freight, announced it is filing Chapter 11 bankruptcy and will be shuttering all of the furniture store's 328 locations.

The Tacoma location of American Freight will close along with the other 327 stores in the United States. The parent company of the nationwide appliance and furniture store, Franchise Group, began Chapter 11 bankruptcy proceedings in federal court in Delaware.

The store closing announcement comes days after American Freight's parent company announced restructuring as part of a bankruptcy filing.