adplus-dvertising
Connect with us

Art

Art Van Furniture closing its stores – CNN

Published

 on


AVF Holdings, which is owned by private equity firm Thomas H. Lee Partners, will shutter its company-owned stores in Michigan, Illinois, Indiana, Maryland, Missouri, Ohio and Virginia. The company’s stores include Art Van Furniture, Art Van PureSleep, Scott Shuptrine Interiors and Wolf Furniture.
Liquidation sales are expected to begin Friday. About 3,100 employees are expected to lose their jobs, according to The Detroit News.
Art Van Furniture & Outlet in Genoa Township, shown Monday, Aug. 26, 2019, is one of five Art Van properties for sale for $56.55 million under a master lease.Img 3648Art Van Furniture & Outlet in Genoa Township, shown Monday, Aug. 26, 2019, is one of five Art Van properties for sale for $56.55 million under a master lease.Img 3648
“Despite our best efforts to remain open, the company’s brands and operating performance have been hit hard by a challenging retail environment,” Diane Charles, Art Van Furniture’s spokesperson, said in the announcement. “We recognize the extraordinary retail, community and philanthropic legacies that Art Van Furniture has built for decades in the community.”
The company’s roots stretch back to 1959 when Archie A. Van Elslander opened a 4,000-square-foot furniture shop in east Detroit. The business he named Art Van eventually become a 176-store chain spanning nine states and a franchise operation of 20 stores.
Elslander sold Art Van Furniture to Thomas H. Lee Partners in 2017, a year before he passed away.
How Casper drove Mattress Firm into bankruptcyHow Casper drove Mattress Firm into bankruptcy
Thomas H. Lee Partners sought to grow Art Van Furniture by acquiring the Levin Furniture and Wolf Furniture chains in Pennsylvania, according to a report by Crain’s Chicago Business, which noted that as Art Van Furniture expanded, it faced increasing competition from online competitors such as Wayfair, Casper and Tuft & Needle.
Last month, Crain’s Detroit Business reported that Thomas H. Lee Partners was weighing a possible sale and Chapter 11 filing for the chain.
Thomas H. Lee Partners, AVF Holdings did not return CNN Business’ requests for comment.

Let’s block ads! (Why?)

728x90x4

Source link

Continue Reading

Art

40 Random Bits of Trivia About Artists and the Artsy Art That They Articulate – Cracked.com

Published

 on


[unable to retrieve full-text content]

40 Random Bits of Trivia About Artists and the Artsy Art That They Articulate  Cracked.com

728x90x4

Source link

Continue Reading

Art

John Little, whose paintings showed the raw side of Montreal, dies at 96 – CBC.ca

Published

 on


[unable to retrieve full-text content]

John Little, whose paintings showed the raw side of Montreal, dies at 96  CBC.ca

728x90x4

Source link

Continue Reading

Art

A misspelled memorial to the Brontë sisters gets its dots back at last

Published

 on

 

LONDON (AP) — With a few daubs of a paintbrush, the Brontë sisters have got their dots back.

More than eight decades after it was installed, a memorial to the three 19th-century sibling novelists in London’s Westminster Abbey was amended Thursday to restore the diaereses – the two dots over the e in their surname.

The dots — which indicate that the name is pronounced “brontay” rather than “bront” — were omitted when the stone tablet commemorating Charlotte, Emily and Anne was erected in the abbey’s Poets’ Corner in October 1939, just after the outbreak of World War II.

They were restored after Brontë historian Sharon Wright, editor of the Brontë Society Gazette, raised the issue with Dean of Westminster David Hoyle. The abbey asked its stonemason to tap in the dots and its conservator to paint them.

“There’s no paper record for anyone complaining about this or mentioning this, so I just wanted to put it right, really,” Wright said. “These three Yorkshire women deserve their place here, but they also deserve to have their name spelled correctly.”

It’s believed the writers’ Irish father Patrick changed the spelling of his surname from Brunty or Prunty when he went to university in England.

Raised on the wild Yorkshire moors, all three sisters died before they were 40, leaving enduring novels including Charlotte’s “Jane Eyre,” Emily’s “Wuthering Heights” and Anne’s “The Tenant of Wildfell Hall.”

Rebecca Yorke, director of the Brontë Society, welcomed the restoration.

“As the Brontës and their work are loved and respected all over the world, it’s entirely appropriate that their name is spelled correctly on their memorial,” she said.

The Canadian Press. All rights reserved.

Source link

Continue Reading

Trending