American Freight, an Ohio-based furniture, appliance and mattress retailer, will close its year-old Colorado Springs store at the Chapel Hills Mall and three others in the state as part of a bankruptcy that will see all of its 328 locations shutter around the country, according to national news publications.

The Springs store, at 1680 Briargate Blvd., had opened in November 2023, retail publication Chain Store Age reported; it occupied space on the north side of Chapel Hills, northeast of Academy and Briargate boulevards in northern Colorado Springs.

Customers who called American Freight on Tuesday were being told the Chapel Hills Mall store will close by year’s end. American Freight stores also are slated to close at 9667 E. County Line Road in Centennial, 5737 N. Elizabeth St. in Pueblo and 9180 Wadsworth Parkway in Westminster.

USA Today, among other publications, reported last week that American Freight’s stores were being closed as part of a Chapter 11 bankruptcy filing by the retailer’s parent company, Franchise Group Inc., based in suburban Columbus, Ohio. Other Franchise Group holdings, including The Vitamin Shoppe and Buddy’s Home Furnishings, will remain in business, USA Today said.

Franchise Group cited “sustained inflation and macroeconomic challenges facing the large durable goods sector” as reasons for its bankruptcy filing, USA Today reported.

Going-out-of-business sales now are underway at American Freight’s stores in 41 states, including those in Colorado.

American Freight has been in business since 1994, according to the Franchise Group website. In February 2020, the Franchise Group acquired the Sears Outlet Group, a discount retailer of home appliances, and merged it with American Freight, online publication Digital Commerce 360 reported.

Representatives of Chapel Hills Mall and its New York-based ownership couldn’t immediately be reached for comment about American Freight’s closing.

Chapel Hills, like other enclosed shopping malls around the country, has seen multiple brick-and-mortar retailers leave over many years. Those departures have come about, in part, because stores have relocated to newer and trendier shopping centers or because of financial troubles triggered by what retail experts have said are changing consumer habits and competition with Amazon and other online sellers.

Familiar retail names that at one time occupied the Chapel Hills Mall, but are gone, include Sears, Burlington, Old Navy, J.C. Penney, Gordmans and Borders Books & Music.

Retail closures aren’t confined to malls, however.

Other stores to close this year in Colorado Springs include discounter Big Lots, which had three locations at 5085 N. Academy Blvd., 1990 S. Academy Blvd. and 2975 New Center Point, and Conn’s HomePlus, the electronics and furniture chain, at 345 N. Academy Blvd.

Pharmacy giant Walgreens shuttered a store in April at 4305 E. Platte Ave. in the Springs; on Tuesday, it was scheduled to complete the closure of another location at 3143 W. Colorado Ave.