American Freight is an American retail company that sells furniture, mattresses and home appliances. The company sells brand name products and appliances from Frigidaire, Electrolux, GE, LG, Whirlpool, Samsung, and more. Founded in 1994 in Lima, Ohio, the first American Freight Furniture & Mattress aspired to provide working families with affordable furniture options, by eliminating markups associated with high-end showrooms. By 2014 they were operating 95 stores in 18 states, and today American Freight has over 360 US locations in 38 states and Puerto Rico, with a 2022 total revenue of over $883M. American Freight is a subsidiary of the Franchise Group, Inc., who acquired the company in February 2020 for $450M and combined them with the former Sears Outlets under the brand American Freight Furniture, Mattress, Appliance.

The Franchise Group, Inc. (NASDAQ: FRG) is an American publicly traded holding company that acquires and manages mainly franchise companies. Some of The Franchise Group’s most recognizable brands include The Vitamin Shoppe, Pet Supplies Plus, American Freight and Sylvan Learning. The company has a current market cap of $1B, a 2022 reported revenue of $4.39B, and an S&P Global long-term credit rating of B+. The Franchise Group is headquartered in Delaware, Ohio.