Art Van Furniture to begin ‘going-out-of-business’ sales starting Friday
DETROIT – The Warren-based furniture chain Art Van Furniture is planning to close all stores. The company operates under the brands Art Van Furniture, Art Van PureSleep and Scott Shuptrine Interiors. “We recognize the extraordinary retail, community and philanthropic legacies that Art Van Furniture has built for decades in the community.”The liquidation sales will begin Friday, March 6 at all Art Van Furniture, Art Van PureSleep, and Scott Shuptrine Interiors in Michigan, Illinois, Ohio, Indiana, and Missouri, and select Wolf stores in Maryland and Virginia. Art Van was founded by Art Van Elslander in 1959. Today, there are nearly 200 furniture stores operated by Art Van Furniture in Michigan, Ohio, Indiana, Illinois, Missouri, Iowa, Pennsylvania, Virginia and Maryland under the brands of Art Van Furniture, Art Van PureSleep, Scott Shuptrine Interiors, Levin Furniture, Levin Mattress, Wolf Furniture and Gardiner Wolf Furniture.
'Actively exploring options’ -- Art Van Furniture could file for Chapter 11 bankruptcy
WARREN, Mich. – The Warren-based furniture chain Art Van Furniture may be filing for bankruptcy. UPDATE: Art Van Furniture to close all stores; liquidation sales begin March 6According to Crain’s Detroit, the private equity owner is looking for a possible buyer for the company and might file for Chapter 11 bankruptcy. A representative for Art Van Furniture told Local 4, “We are actively exploring a variety of options with our creditors, investors and landlords to ensure Art Van can continue serving our guests and our communities. It is premature at this time to comment further as no final decisions have been made. In the meantime, our stores are open, and it is business as usual."