Art Van Furniture Inc. is an American furniture retail store chain. The company operates 39 stores throughout Michigan, eight stores in the Chicago area, one store in Toledo, Ohio, one store in Fort Wayne, Indiana, a full service e-commerce website, plus several freestanding Art Van PureSleep bedding stores in Michigan, Ohio and Indiana. The company also has eleven franchised stores in the Midwest. When added together, the company has more than 100 brick and mortar locations. Founded in 1959, the company, headquartered in Warren, Michigan in Metro Detroit, was sold by founder Art Van Elslander in early 2017 to Thomas H. Lee Partners, a private equity firm in Boston.
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History
In 2010, Art Van acquired Brewbaker's Furniture, which had locations in Petoskey and Onaway. The Onaway store was closed in 2013. That same year, Young's Appliance of Alpena became the chain's first franchised location. Franchise locations have since opened in Marquette, Sault Ste. Marie, Mount Pleasant, Gaylord, Owosso, and East Tawas, along with a PureSleep franchise in Midland and a franchise of Sofa Select in Mishawaka, Indiana. The store's first franchise location in Illinois opened on November 7, 2015, in Rockford.
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Mattress World acquisition
Mattress World of Michigan was a mattress retailer with 24 stores in Michigan and seven in Indiana. The company was founded in 1998 when the first store was opened in Howell, Michigan.
In May 2011, Mattress World of Michigan was acquired by Art Van Furniture which said it would keep the Mattress World name on some stores, while others would be rebranded as Art Van PureSleep. It also said it would keep Mattress World's 100 or so employees.
In July 2013, Art Van Furniture announced the conversion of 31 Mattress World locations throughout Michigan and Indianapolis to its signature Art Van PureSleep stores, creating 76 Art Van PureSleep stores.
References
External links
- Art Van Official Website
Source of article : Wikipedia
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