DETROIT – Art Van Furniture, the Michigan-based furniture and mattress. growth of online retail and decline in foot traffic at traditional bricks-and-mortar stores. Gross sales have been.
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Art Van Furniture filed. headquartered in Warren, has 169 stores and roughly 3,000 employees. The company recently filed a mass layoff notice with the state of Michigan to terminate 721 positions.
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As bargain hunters returned in droves Monday to Art Van Furniture. corporate office and warehouse had a taxable value of almost $18 million. Ten minutes before the Warren store opened Monday.
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Lee acquired the Warren. companies such as Wayfair in furniture and Casper, Leesa and Tuft & Needle in bedding have gobbled up market share away from legacy traditional retailers like Art.
“This is absolutely a pivot point for the world of work,” said Todd Heiser, co-managing director of the Chicago office of the.
Art Van Furniture announced it is shutting down and began a liquidation sale March 6 at all of its company-owned stores in Michigan. is headquartered in Warren. It is the Midwest’s top.
The company’s franchisees reportedly number somewhere in the neighborhood of 17 stores in northern Michigan. franchisees said. furniture deliveries from Art Van’s Warren warehouse will end.
"They had a complete disregard for Warren, Michigan. as Wayfair in furniture and Casper, Leesa and Tuft & Needle in bedding have gobbled up market share away from legacy traditional retailers.
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