American closing, nearly 1,000 employees affected - FOX13 News, WHBQ FOX 13

American closing, nearly 1,000 employees affected

Posted: Updated:
(file) (file)

MADISON, Wis. (AP) - The Madison-based furniture, appliance and electronic retailer American is going out of business. The closure of its 11 locations affects nearly 1,000 employees.

American says that after 60 years in business, the company will close after it completes a liquidation sale beginning Feb. 20. American CEO Doug Reuhl says although it's a "sad moment," it's also time to recognize dedicated employees and loyal customers.

Reuhl says American's 989 employees have been notified and will remain employed through the closing process. The locations include seven in Wisconsin and two each in Illinois and Iowa.

American is filing Chapter 128 receivership to protect its creditors.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Follow Us!

Share Your Photos & Video

  • Job ShopMore>>

  • 8/21 Dental Office Front Desk Receptionist (West Dundee)

    8/21 Dental Office Front Desk Receptionist (West Dundee)

    Thursday, August 21 2014 1:00 AM EDT2014-08-21 05:00:10 GMT
    DentalOne Partners in West Dundee is looking to hire a Front Desk Receptionist.
    DentalOne Partners in West Dundee is looking to hire a Front Desk Receptionist.
  • 8/20 Research Analyst (Hoffman Estates)

    8/20 Research Analyst (Hoffman Estates)

    Wednesday, August 20 2014 1:00 AM EDT2014-08-20 05:00:10 GMT

    JCL Bioassay USA, Inc. is seeking a Research Analyst responsible for conducting lab activities in accordance with applicable methods, protocols, SOPs, and regulatory guidelines under guidance from Senior Analysts and Principal Investigator.

    JCL Bioassay USA, Inc. is seeking a Research Analyst responsible for conducting lab activities in accordance with applicable methods, protocols, SOPs, and regulatory guidelines under guidance from Senior Analysts and Principal Investigator.

  • 8/19 Sales Administrative Assistant (Oak Brook)

    8/19 Sales Administrative Assistant (Oak Brook)

    Tuesday, August 19 2014 1:00 AM EDT2014-08-19 05:00:12 GMT

    Sulaiman Law Group, LTD, in Oak Brook is looking to hire a full-time Sales Administrative Assistant.

    Sulaiman Law Group, LTD, in Oak Brook is looking to hire a full-time Sales Administrative Assistant.

Powered by WorldNow

WHBQ-TV | Fox 13
485 S. Highland St.
Memphis, TN 38111

Main Station: (901) 320-1313
Newsroom: (901) 320-1340

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices