Table of Contents
Archie “Art” Van Elslander founded Art Van in 1959, opening his first store in East Detroit. Van Elslander’s furniture first business was a 4,000 square-foot space on Gratiot Avenue and 10 Mile Road. He expanded to three stores in that same year, and a fourth store opened in 1960.
Who was the owner of Art Van Furniture?
Warren-based Art Van Furniture sold itself in early 2017 to Boston-based private equity firm Thomas H. Lee Partners in a $612.5 million deal that included the sale of Art Van stores’ real estate to new landlords, who began to charge the stores rent. Art Van Eslander died a year later at age 87.
Where was the first Art Van Furniture store?
Eastpointe, MI.
When was Art van founded?
1959, Eastpointe, MI.
What brands did Art Van Furniture sell?
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.
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 caused Art Van closing?
Warren — Art Van Furniture, a Metro Detroit institution and one of the largest furniture retailers in the Midwest, will close all of its company-owned stores and liquidate its inventory after struggling with changing furniture-shopping habits and heavy debt following its acquisition by a private equity firm three years Mar 5, 2020.
Is Art Van only in Michigan?
was an American furniture retail store chain. Founded in 1959, the company was headquartered in Warren, Michigan in Metro Detroit. In 2020, the company closed all its stores and filed for bankruptcy.Art Van Furniture. Type Private Industry Furniture retail Founded Eastpointe, Michigan 1959 Founder Art Van Elslander Defunct March 5, 2020.
What is the quality of Art Van Furniture?
Tip: Affordable, original art can be found at local galleries, collectives and art schools; call to ask about art sales. We’ll leave the mattress/box spring sales pitch to those who do the pitching. Just understand: It is perhaps the most important piece of furniture you buy.
Where is Art Van corporate headquarters?
Warren, MI.
Is Art Van Elslander still alive?
Deceased (1930–2018).
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 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?
Art Van was based in Warren. Area stores are located at 2300 Telegraph Road in Bloomfield Hills, 15701 Market Drive in Dearborn, and 6500 E. 14 Mile Road in Warren. The Grand Rapids location is at 4375 28th St.
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.
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.
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.
Is Scott Shuptrine still in business?
Three-store Scott Shuptrine will close after liquidation sales, the apparent victim of tough times for high-end furniture merchants. After the sale, the family will look to sell the 31,000-square-foot store in Novi and the 160,000-square-foot showroom and warehouse in Troy, both in the greater Detroit market.
What is Art Van Furniture now?
A Dallas-based equity firm acquired 27 former Art Van stores out of bankruptcy with plans to reopen as Loves Furniture. The newly formed company, which will operate 17 locations in the state, will be headquartered Royal Oak, the company said in a press release.
Where is Love’s furniture from?
Company Description: Loves Furniture Inc is located in Warren, MI, United States and is part of the Furniture Stores Industry. Loves Furniture Inc has 3 total employees across all of its locations and generates $7.41 million in sales (USD).
What is going on with loves furniture?
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.
Is Art Van high quality?
They are one of the leading companies in manufacturing high-quality rugs and mattresses for homeowners. 1 mattress and furniture store in America. Art Van has experts scattered all over the world that brings data on modern styles, including regional and traditional styles as well.
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.
