Art Van Furniture to close all stores: How did we get here?
WARREN, Mich. – Warren-based furniture chain Art Van Furniture is planning to close all stores in Michigan, Illinois, Indiana, Missouri, and Ohio. Art Van has been everywhere in Metro Detroit -- on television with advertisements day and night, at 200 store locations and through 5,000 employees. In 2017, Art Van Elslander sold his prized company to a Boston hedge fund -- Thomas H. Lee Partners of Boston. Plunkett Cooney lead bankruptcy counsel Doug Bernstein told Local 4 a lot of things went wrong. Bernstein said all you need to know about what happened with Art Van is found in remembering the Toys "R" Us bankruptcy.