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One-Stop-Shop Home Retailer American Freight Expands its National Footprint while Saving Local Jobs
ORLANDO, Fla., Dec. 28, 2020 (GLOBE NEWSWIRE) Franchise Group, Inc. (NASDAQ:FRG) ( Franchise Group or the Company ) today announced it has completed the acquisition of FFO Home ( FFO Home ), a regional retailer of furniture and mattresses. Starting immediately, over 30 FFO Home stores throughout the Midwest will be rebranded to American Freight Furniture, Mattress, Appliance. In addition, FFO Home customers will be automatically redirected to the American Freight website for online shopping. The converted stores will offer affordable prices, new product offerings, and financing solutions to help better serve consumers in each local market. Stores will remain open and operational as they undergo the conversion. A Grand Reopening event for the rebranded stores is scheduled for the first quarter of 2021.