(CBS DETROIT) – Art Van Furniture is closing its doors and will begin liquidation sales Friday at all stores in Michigan, Illinois, Ohio, Indiana and Missouri.
Spokesperson Diane Charles said in a statement, “Despite our best efforts to remain open, the company’s brands and operating performance have been hit hard by a challenging retail environment. We recognize the extraordinary retail, community and philanthropic legacies that Art Van Furniture has built for decades in the community.”READ MORE: COVID-19 Vaccines Saved Nearly 20 Million Lives In First Year, Study Says
In 1959, Art Van Furniture started as a single store on Gratiot Avenue eventually growing to the number one furniture and mattress retailer in the Midwest having more than 200 stores.READ MORE: Michigan Ballot Initiative Aims To Protect Abortion Rights
In 2017, Art Van Furniture was purchased by Boston-based public equity firm Thomas H Lee Partners.MORE NEWS: AG Nessel Says Abortions Are Still Legal In Michigan
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