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What is the new name for Art Van Furniture?
Many of the old Art Van stores were later reborn in late summer and early fall as Loves Furniture, an entirely new company created by a Texas private-equity firm. But Loves encountered a slew of setbacks, including expensive warehouse and logistical problems, and filed for Chapter 11 bankruptcy Jan. 6.
What is art vans real name?
Archie “Art” Van Elslander founded Art Van in 1959, opening his first store in East Detroit.
Who founded Art Van Furniture?
Archie Van Elslander, the founder of Art Van Furniture, has died at age 87. Company spokeswoman Diane Charles said Van Elslander, known as Art Van, had cancer.
Is Art Van Furniture coming back?
Art Van’s furniture stores are no more, but the family has bought back the brand name out of the bankruptcy of the company to which it had sold the chain. The Van Elslander family successfully acquired the Art Van Furniture name out of bankruptcy this month.
Who is the owner of Loves furniture?
Loves Furniture went into business in late summer after a Texas-based private equity firm, US Assets Inc., whose founder and CEO is named Jeff Love, bought 27 shuttered Art Van stores in Michigan, plus 10 other Art Van and Levin and Wolf locations in other states.
What Furniture Brands did Art Van carry?
Founded by Art Van Elslander and based in Warren, MI, Art Van Furniture opened in 1959. This company offers everything from home and office products to bedding and mattresses. The retailer often has deals on brands like Ashley Furniture, La-Z-Boy, and Detroit Sofa Company.
Is Art Van Elslander still alive?
Deceased (1930–2018).
What brands did Art Van carry?
Art Van Furniture is Michigan’s number one mattress retailer. The company carries all major mattress and bedding brands including Kluft, Sealy, Beautyrest, Sleep to Live, Stearns & Foster, Tempur-Pedic, King Koil, ComforPedic, and more.
Did Value City Buy Art Van?
The store, at 8748 W. Saginaw Hwy., was one of six Art Van store properties throughout the state acquired by Value City in June, Chief Marketing Officer Alejandro Alvarez said in an email. The new properties include former Art Van stores in Chesterfield and Clinton townships, Flint, Novi and Traverse City.
What happens to my Art Van warranty?
Art Van Furniture warranties to be defunct after company goes out of business. Customers who have a balance on their Art Van credit card are still responsible for paying the bill, Langton said. As the company goes out of business, those payments will eventually be redirected to a court or trustee.
Where was the first Art Van Furniture store?
Eastpointe, MI.
When did art van open?
1959, Eastpointe, MI.
What is happening with loves Furniture?
Loves Furniture recently filed for Chapter 11 bankruptcy protection, making it the latest retailer to suffer the effects of COVID-19, lockdowns, and the related battering that the economy has taken.
Is love Van related to arts Furniture?
The Michigan-based company, founded in the 1950s, was a top furniture and mattress retailer in the Midwest. Over the summer, US Assets Inc., whose founder and CEO is named Jeff Love, swooped in and purchased 37 former Art Van, and Levin and Wolf stores. Loves Furniture stores began opening in late summer 2020.
Why did Love’s Furniture go out of business?
Regional retailer Loves Furniture filed for Chapter 11 bankruptcy protection last week following multiple shipping problems and a dispute with a logistics provider, according to court papers. The filing comes not long after Loves launched.
Where is Detroit sofa company made?
Shop the Detroit Sofa Company, exclusively at Art Van Furniture stores! Inspired by Detroit, made in the USA, handcrafted superior quality with custom order….
Where is the Art Van liquidation sale?
The four stores are: 2300 Telegraph Road in Bloomfield Township. 15701 Market Drive in Dearborn. 6500 E 14 Mile Road in Warren.
What was art van famous?
Art Van Elslander (b. 1930 d. 2018) is Founder and Chairman of Art Van Furniture, the Midwest’s largest furniture and mattress retailer. Headquartered in Warren, Michigan, Art Van Furniture is ranked in the top 20 of the leading 100 furniture stores in the United States.
How much did Art Van’s house sell for?
It eventually sold for $3.75 million. It sits on 3.75 manicured acres that include a long brick driveway, lavish landscaping, the outdoor swimming pool, decorative pools, fountains, a tennis court, a basketball court, a putting green and sand traps.
Who bought the Art Van mansion?
Art Van began its final sale Friday. The Warren-based retailer’s sudden announcement that it would wind down operations comes only three years after its late founder, Art Van Elslander, sold the company to a Boston-based private equity firm, Thomas H. Lee Partners LP, in an estimated $550 million deal.
Where is Art Van corporate headquarters?
Warren, MI.
Did Value City Furniture go out of business?
NEW YORK, Oct 27 (Reuters) – Value City Department Stores has filed for Chapter 11 bankruptcy and will liquidate its remaining 66 stores, citing a slide in consumer spending and tougher credit markets. Value City first opened in Columbus, Ohio, in 1917.
Is Art Van in Lansing still open?
The Warren-based company announced Thursday that it is closing all of its approximately 190 locations and running liquidation sales.
How do I get my money back from Art Van?
Some Art Van locations are now open and if you bring in your original receipt you will either get the product you purchased, if it’s available — or you can select a new product of equal value. If you paid with a credit card you should work with the credit card company to dispute the charges.
Is Art Van honoring their warranties?
“The general rule is that warranties likely will not be honored by Art Van,” said Langton. “That warranty is no good unless the manufacturer will assume the damage, if there is such a thing.” Art Van is telling customers with concerns to contact their team at 888-427-8826.
Can you still use Art Van credit card?
If you’ve got a balance on your Art Van credit card, you still have to pay. “If you just bought furniture from Art Van and you’re on a payment plan, for example, pay those bills! You have to. Doesn’t matter what Art Van does,” Langton says.
