American Sale To Close All Stores After Ownership Deal Falls Through
American Sale will close all its stores by early 2027 after a sale to a new owner fell through, with liquidation sales continuing.
American Sale announced on November 12, 2026, that it would close all of its stores by early 2027 because a deal to sell the chain to a new owner fell through. The closure covers the chain’s stores, with remaining locations in Bridgeview, Orland Park, Carol Stream, Lake Zurich, Naperville, Romeoville and Merrillville, Ind.. At Metaintro, we track layoffs, store closures and return-to-office mandates in our layoffs tracker.
American Sale: Why Is The Chain Closing?
The announcement follows an unsuccessful ownership transfer. American Sale had been holding a liquidation sale ahead of a planned transfer to new ownership. With that deal falling through, the company now plans to continue liquidation sales until the chain closes.
The announced next step is therefore a continued liquidation process followed by closure, rather than the planned transfer to a new owner.
American Sale: Which Locations Will Close?
The Tinley Park outlet store has already closed. The remaining locations will continue liquidation sales as the chain moves toward its closing deadline.
The shutdown extends beyond retail outlets. The company’s Tinley Park warehouse also will close, according to the announcement. For workers considering their next steps, the announcement covers both the store network and the warehouse.
American Sale: What Happens Next?
The company’s wind-down includes customer deadlines alongside the store closures. All deliveries must be completed by the end of the year.
Gift card sales have ended. Existing Gift cards and merchandise credits will be honored through Dec. 13, the company said. These deadlines form part of the transition from liquidation sales to the chain’s closure.
What Should Affected Workers Do Next?
Ask for written confirmation of your employment timeline and any available transition support.
Save personal copies of pay records, benefits information and employment documents.
Update your résumé with your responsibilities, skills and accomplishments.
Review your budget and begin contacting employers about suitable openings.
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People Also Asked
Q: When will American Sale close?
A: American Sale will close all of its stores by early 2027. Liquidation sales will continue until the chain closes.
Q: Is the American Sale warehouse closing too?
A: Yes. The company’s Tinley Park warehouse also will close, according to the announcement.
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