All six of New York's American Freight furniture stores will be closing as a result of its parent company's Chapter 11 bankruptcy proceedings, the company announced earlier this week. New York isn't the only state affected though as Ohio-based Franchise Group Inc.

A furniture and appliance retailer is closing all of its stores following the bankruptcy of its parent company.

The Barnes family will close their playfully named Furniture Barn, founded 50 years ago by former GM employee David Barnes.

A now-bankrupt furniture store is closing all of its roughly 370 locations across the country, including seven in the Valley. American Freight, an Ohio-based appliance and furniture store said the closures were due to financial problems incurred because of “sustained inflation and macroeconomic challenges facing the large durable goods sector,

Store closing sales have begun in-store and online, with discounts of up to 30% off the lowest ticketed prices.

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.

A large furniture chain announced the closure of all of its locations nationwide earlier this month, including many in Virginia and one in Maryland. American Freight has already begun closing down its 328 locations and its online warehouse.