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Farewell Art Van - 300+ stores closing
Posted: Thu Mar 05, 2020 10:42 pm
by TC Talks
Does anyone else think private equity firms are good for America?
Art Van Furniture Inc. will close all of its more than 300 stores after struggling with heavy debt and a disrupted furniture and mattress retail landscape under private-equity ownership
https://www.chicagobusiness.com/retail/ ... -liquidate
How do you think this will impact media?
Re: Farewell Art Van - 300+ stores closing
Posted: Thu Mar 05, 2020 11:51 pm
by Rate This
TC Talks wrote: ↑Thu Mar 05, 2020 10:42 pm
Does anyone else think private equity firms are good for America?
Art Van Furniture Inc. will close all of its more than 300 stores after struggling with heavy debt and a disrupted furniture and mattress retail landscape under private-equity ownership
https://www.chicagobusiness.com/retail/ ... -liquidate
How do you think this will impact media?
Outside of Buffet, private equity is largely about releasing value and winding down operations...
Re: Farewell Art Van - 300+ stores closing
Posted: Sat Mar 07, 2020 6:36 am
by kager
How do you think this will impact media?
Big. AV lived large on TV around here, anyway.
Gonna miss Hazelton's hard-sells...
Re: Farewell Art Van - 300+ stores closing
Posted: Sat Mar 07, 2020 12:34 pm
by WC8KCY
TC Talks wrote: ↑Thu Mar 05, 2020 10:42 pm
Art Van Furniture Inc. will close all of its more than 300 stores after struggling with heavy debt and a disrupted furniture and mattress retail landscape under private-equity ownership
https://www.chicagobusiness.com/retail/ ... -liquidate
How do you think this will impact media?
Well, it certainly can't be good for northern Michigan and U.P. television. Their spots were ever-present during newscasts and syndicated programming.
At least there's political advertising to take up the slack 'til the election.
Re: Farewell Art Van - Hello Big Sandy?
Posted: Wed Sep 30, 2020 6:46 am
by kager
The Art Van liquidations (or traveling circus sales based in their old locations) 'round here appear to _finally_ be over.
With the TV on in the background, I've heard occasional quick teaser ads ('Get ready northern Michigan') for Big Sandy Superstore (BSS)...
A quick online search seems to indicate they are at least taking over the old A-V location west of Gaylord, MI (odd part for me, this comes from Google Maps, not BSS web sites - none of those appear to have a clue about this). I'm wondering if BSS bought up and will be re-opening more or many of the old A-V locations, or if Gaylord is a one-off?
Re: Farewell Art Van - 300+ stores closing
Posted: Wed Sep 30, 2020 7:51 am
by TC Talks
Traverse City will become a "Value City Furniture" location. Yay, more particle board junk!
Re: Farewell Art Van - 300+ stores closing
Posted: Wed Sep 30, 2020 2:05 pm
by Bryce
TC Talks wrote: ↑Wed Sep 30, 2020 7:51 am
Traverse City will become a "Value City Furniture" location. Yay, more particle board junk!
Snob! Not everyone can shop at Ethan Allen, Regular folks like cheap.
Re: Farewell Art Van - 300+ stores closing
Posted: Wed Sep 30, 2020 6:20 pm
by Rate This
Bryce wrote: ↑Wed Sep 30, 2020 2:05 pm
TC Talks wrote: ↑Wed Sep 30, 2020 7:51 am
Traverse City will become a "Value City Furniture" location. Yay, more particle board junk!
Snob! Not everyone can shop at Ethan Allen, Regular folks like cheap.
Regular folks like to get their furniture home before they put a hole in the back of it.
Re: Farewell Art Van - 300+ stores closing
Posted: Wed Sep 30, 2020 8:16 pm
by Bryce
Huh?
Re: Farewell Art Van - 300+ stores closing
Posted: Wed Sep 30, 2020 9:03 pm
by Rate This
Bryce wrote: ↑Wed Sep 30, 2020 8:16 pm
Huh?
Art Van always sold shitty furniture and particle board is absolutely terrible stuff.
Re: Farewell Art Van - 300+ stores closing
Posted: Wed Sep 30, 2020 9:19 pm
by Bryce
Rate This wrote: ↑Wed Sep 30, 2020 9:03 pm
Bryce wrote: ↑Wed Sep 30, 2020 8:16 pm
Huh?
Art Van always sold shitty furniture and particle board is absolutely terrible stuff.
Then they should shop at Ethan Allen. But, the masses like cheap. People actually buy furniture at Walmart.
Re: Farewell Art Van - 300+ stores closing
Posted: Wed Sep 30, 2020 11:00 pm
by Rate This
Bryce wrote: ↑Wed Sep 30, 2020 9:19 pm
Rate This wrote: ↑Wed Sep 30, 2020 9:03 pm
Bryce wrote: ↑Wed Sep 30, 2020 8:16 pm
Huh?
Art Van always sold shitty furniture and particle board is absolutely terrible stuff.
Then they should shop at Ethan Allen. But, the masses like cheap. People actually buy furniture at Walmart.
I had some for a time. It wasn’t bad but it was obnoxious to build.
Re: Farewell Art Van - 300+ stores closing
Posted: Wed Sep 30, 2020 11:53 pm
by Turkeytop
"Easy to Assemble."
But they never have any instructions. Jut very crude drawings.
They must think we're all illiterate.
Re: Farewell Art Van - 300+ stores closing
Posted: Thu Oct 01, 2020 12:54 am
by Radio Chili
I miss the 'Art Van' who used to play oldies on WOAP in Owosso on weekends back in like 2001-2006ish!
Re: Farewell Art Van - 300+ stores closing
Posted: Thu Oct 01, 2020 6:40 am
by MWmetalhead
Many of the Metro Detroit locations have become or soon will become Love's Furniture (named after its largest equity holder), which is a start-up.
They promise no overbearing sales people. The CEO is a millennial who lives in Troy.
The store on Woodward Ave. south of 14 Mile is already open. A permanent sign hasn't even been affixed to the building yet, which makes me wonder if even the company isn't certain about its ability to survive.