Can I still buy furniture from Art Van?
Can I still buy furniture from Art Van?
They look forward to having the Art Van Furniture name back in the family, where it belongs.” The last remaining Art Van Furniture stores closed last year with everything-must-go sales that were put on by American Signature, the parent company of Value City Furniture.
What is Art Van doing with furniture?
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.
Who is selling Art Van Furniture?
Art Van announced its closing in early March and began liquidation sales soon after. Dallas’ U.S. Assets Inc. and Love’s Furniture announced in May they would acquire the inventory and assets of 27 former Art Van Furniture, Levin Furniture, and Wolf Furniture stores in five states.
Who bought Art Van 2020?
A Delaware bankruptcy judge approved the roughly $6 million sale of the name to VEC LLC, an investment firm controlled by Gary Van Elslander — the son of the late founder Art Van Elslander — and the family office, on Feb. 1 as part of the company’s ongoing liquidation, according to court records.
Is Art Van PureSleep going out of business?
After more than 60 years, Art Van is going out of business. The company operates under the brands Art Van Furniture, Art Van PureSleep and Scott Shuptrine Interiors. Levin & Wolf Furniture in Ohio and Pennsylvania will be sold to Robert Levin, pending court approval.
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 …
Did Value City Buy Art Van?
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.
Is love Furniture going out of business?
Loves filed for chapter 11 bankruptcy on January 6, 2021.
Is Jeff Love related to Art Van?
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.
Is Art Van warranty still good?
Who is the owner of Gardner White Furniture?
Founded in 1912, Gardner White Furniture Co. is based in Auburn Hills, Michigan. It was founded by Eugene Clinton White and John G. Gardner. Irwin Kahn began working for the family-owned retailer in the mid-1950s and eventually became the second-generation owner and operator.
Can I still buy furniture from Art Van? They look forward to having the Art Van Furniture name back in the family, where it belongs.” The last remaining Art Van Furniture stores closed last year with everything-must-go sales that were put on by American Signature, the parent company of Value City Furniture. What is Art…