Did FFO go out of business?
Did FFO go out of business?
FFO doesn’t sell online, so revenue dropped to zero. It ended up permanently closing 37 stores and laying off 395 employees, according to the report.
Why is FFO going out of business?
A statement provided by a spokesperson of Fort Smith, Arkansas-based FFO Home cited the “economic downturn” brought on by the COVID-19 pandemic for permanently closing its three stores in Springfield.
Who bought FFO?
American Freight
FFO Home stores in Siloam Springs and Fort Smith have been acquired by Ohio-based American Freight and re-branded as American Freight Furniture, Mattress, Appliance stores. Financial terms of the deal were not disclosed.
Why is American freight so cheap?
We are able to keep our prices low by operating differently than other furniture and appliance stores. First, we obtain our merchandise directly from manufacturers through closeouts, overruns, and cancelled orders at reduced prices.
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Not to mention over 900 fabric and leather choices that let you customize every detail. La-Z-boy reclining sofas raise the bar on comfort by letting you raise your feet. Lean back in one of our reclining couches and you’ll never relax the same way again.
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The Brooks Reclining Sofa offers a casual blend of comfort and function, with an updated look that’s cleaner and less overstuffed than you’d expect. Convenient latch releases on the outside arms allow you to easily adjus…
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Convenient latch releases on the outside arms allow you to easily adjust the left and right backs and… The Brooks Reclining Sofa offers a casual blend of comfort and function, with an updated look that’s cleaner and less overstuffed than you’d expect.