An Ohio-based furniture retailer is shutting down for good, closing doors at all locations across the nation. As it closes, the company promises slashed prices and deep discounts as they work to get rid of inventory.

CINCINNATI ( Cincinnati Business Courier) - A Ohio-based furniture and appliance retailer is closing for business for good. American Freight this month began shuttering its 370-store footprint, which includes five Greater Cincinnati locations: Read the full story from the Cincinnati Business Courier.

Liquidator Hilco Consumer-Retail announced the shuttering of 328 locations nationwide and the start of store-closing sales.

A furniture and appliance retailer is closing a handful of local stores, and several more around the state. A furniture and appliance retailer with a strong presence in Alabama is closing for business.

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.

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

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,