Art Van

Art Van Furniture Inc.
Private
Industry Furniture retail
Founded Eastpointe, Michigan (1959)
Headquarters Warren, Michigan, U.S.
Key people
 Art Van Elslander, Founder; Kim Yost, CEO; Gary Van, President; David Van, President Pure Sleep
Products Furniture
Revenue US$700 Million (2014 est.)
Number of employees
 4,000
Website www.artvan.com

Art Van Furniture Inc. is an American furniture retail store chain. Founded in 1959, the company is family-owned and headquartered in Warren, Michigan in Metro Detroit.[1]

History

Art Van Furniture store, Ann Arbor, MI, one of the 30 Michigan stores

Art Van Eslander founded Art Van in 1959, opening his first store in East Detroit.[2] Van Elslander's furniture first business was a 4,000 square-foot space on Gratiot Avenue and 10 Mile Road. He expanded to three stores in that same year, and a fourth store opened in 1960. His first employee was not hired until this time.[3] Art Vans Furniture (later changed to Art Van Furniture) opened with mostly modern and Danish-style furniture.[4]

By 1963, Van Elslander owned seven stores and had taken on some partners, including his brother, Bob Van Elslander, Don Fox and Bob McEachin.[5] The following year, three of those stores were sold off, however Van Elslander expanded the chain in the 1970s and in 1973 the company purchased its headquarters in Warren, Michigan. Around that time, the company had fifteen stores in its chain. In the late 1970s opened several warehouses and a corporate training department. In 1977 the company opened stores outside of Detroit, in Flint and Lansing, Michigan.[3]

In 1980, the company issued its first credit card and in 1985 the company introduced clearance centers attached to many of the stores offering overstocked merchandise.[3] In 2009, the company's half-centennial, Art Van Furniture was named furniture retailer of the year by Furniture Today magazine.[6] In 2013, the company made a $50 million investment in the State of Illinois to open a sequence of new establishments in the state.[7] In 2015 Patti Smith wrote about Art Van stores as a favorite hang-out of hers during the 1970s.[8] The CEO of the company is Kim Yost.[9] Art Van also operates Scott Shuptrine Interiors retail locations.[10] In March 2017 the company was purchased by Thomas H. Lee Partners (THL) a private equity firm based in Boston.[11]

Mattress World acquisition

Mattress World store, Livonia, Michigan

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.[12] 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.[13][14]

Art Van Flooring

In April 2014, Art Van Furniture acquired World of Floors to become AV Flooring. Currently, there are two free standing locations and 11 AV Flooring galleries throughout Michigan, Ohio and Illinois.[15]

Stores

The company operates 56 stores located in Michigan, Ohio, Illinois, and Indiana, a full service e-commerce website, in addition to 45 freestanding Art Van PureSleep bedding stores.[16] The company also has franchised stores located in the Midwest.[17] In 2010, Art Van acquired Brewbaker's Furniture, which had locations in Petoskey and Onaway.[18] The Onaway store was closed in 2013.[19] The first franchise was opened within Young's Appliance of Alpena in 2012.[20]

Franchise locations have since opened in Marquette, Sault Ste. Marie, Mount Pleasant,[21] Gaylord, Owosso, and East Tawas, along with a PureSleep franchise in Midland and a franchise of Sofa Select in Mishawaka, Indiana; Findlay and Genoa, Ohio; Rockford Illinois; and Cedar Rapids as well as Coraville, Iowa.[22] The store's first franchise location in Illinois opened in 2015, in Rockford.[23] The Downers Grove, Illinois store opened in 2016 was the chain's largest.[24]

Art Van has transitioned family businesses into Art Van locations on several occasions. In the Fall of 2015, Art Van converted Ingrassia Furniture, a 93-year-old family business, to its 11th franchise location.[25] Earlier that year, the 61-year old independent chain Genoa’s Samsen Furniture was converted to Art Van stores.[26] In all the company has about 100 stores.[27] Art Van had partnered with Paul's TV to open a section for Paul's TV to sell televisions inside Art Van stores. 18 locations were opened, however all were closed down by 2015.[28] Other boutique sections have included AV Flooring, and Art Van Furniture also operates three Scott Shuptrine interior design studios in the state of Michigan.[29] Art Van also produces a mail catalog of its furniture designs.[30]

Marketing

In 1990 Art Van provided a $200,000 sponsorship of the America's Thanksgiving Parade in order to help it avoid cancellation. In 2013 Art Van became the named-sponsor of the Parade, renaming it the "Art Van America's Thanksgiving Parade".[31] In 2015 the company paid out $2.5 million dollars in free furniture to 3000 customers after a promotion that gave away the purchases of customers if it snowed three inches each in the cities of Toledo, Fort Wayne, and Chicago.[32][33] In 2016, Art Van replaced its regional Super Bowl advertisements in the Detroit and Grand Rapids areas with a thank you message for donors of water to Flint, Michigan, which the company had solicited through its charitable programs.[34]

References

  1. ↑ "Contact Us." Art Van. Retrieved on November 7, 2013. "Art Van Furniture 6500 14 Mile Road Warren, MI 48092"
  2. ↑ "Art Van Elslander Reflects on His Chicago Favorites". Michigan Avenue Magazine. May 18, 2016.
  3. 1 2 3 Janet Holt-Johnstone (July 9, 2014). "Retail Success Story: Art Van Furniture". Furniture World Magazine.
  4. ↑ Noah Barnes (February 26, 2016). "Art Van Furniture in the Midwest". Ocean Post.
  5. ↑ John Presta (April 27, 2013). "Governor Quinn announces retailer 'Art Van Furniture' expands into Chicago area". Chicago City Hall Examiner.
  6. ↑ Daniel Duggan (December 4, 2009). "Art Van Furniture named Retailer of the Year by trade publication". Crain's Business Detroit.
  7. ↑ Graydon Megan (August 3, 2015). "Art Van Furniture opens new flagship store in Downers Grove". Chicago Tribune.
  8. ↑ Patti Smith (2015). M Train. Knopf Canada. p. 75.
  9. ↑ Karen Wright (2012). The Complete Executive: The 10-Step System for Great Leadership Performance. Bibliomotion, Inc. p. 13.
  10. ↑ http://www.record-eagle.com/news/business/business-in-brief/article_5dfd690c-7e37-5ca0-868f-6ad90b5c78a2.html
  11. ↑ http://www.furnituretoday.com/article/539632-art-van-sold-private-equity
  12. ↑ Staff. "AV Mattress World LLC". Hoover's. Retrieved June 3, 2012. (subscription required)
  13. ↑ Bomey, Nathan (May 11, 2011). "Art Van Furniture acquires Mattress World in Michigan retail deal". AnnArbor.com. Retrieved June 3, 2012.
  14. ↑ Engel, Clint (May 11, 2011). "Art Van Furniture to acquire 28-store Mattress World: Will give chain its first stores outside Michigan". Furniture Today. Retrieved June 3, 2012.
  15. ↑ http://www.mlive.com/business/detroit/index.ssf/2014/04/world_of_floors_now_fully_owne.html
  16. ↑ "Art Van Furniture opens new location on Coliseum Boulevard". Wane. February 8, 2014.
  17. ↑ Sherri Welch (July 12, 2015). "Art Van Furniture says $1 billion in sales within reach". Crains Detroit.
  18. ↑ "Art Van Furniture acquires Brewbaker’s". schurz-petoskeynews.
  19. ↑ Jordan Travis (April 17, 2013). "Community worried about loss of Art Van". The Alpena News.
  20. ↑ http://www.crainsdetroit.com/article/20120814/BLOG009/120819958/art-van-moves-into-alpena-for-its-first-franchise
  21. ↑ "Art Van Opens Sixth Franchise Location". Crain's Detroit Business.
  22. ↑ "Art Van to Open First Indiana Franchise". Crain's Detroit Business.
  23. ↑ Art Van Furniture (1 October 2015). "Art Van Furniture To Open First Chicagoland Franchise In Rockford, Illinois".
  24. ↑ "Thirteen takeaways from Art Van Furniture, Downers Grove, Ill.". Furniture Today. July 28, 2015.
  25. ↑ Georgette Braun. "Rockford's 93-year-old Ingrassia furniture to open as Art Van franchise in November". Rockford Register Star.
  26. ↑ Jon Chaves (June 26, 2015). "Genoa’s Samsen Furniture to be an Art Van store". Toledo Blade.
  27. ↑ "Modern Designs Usher in Classic, Dapper Style to Art Van Furniture's 2016 Spring Style Catalog". Chicago Tribune. April 13, 2016.
  28. ↑ JC Reindl (April 13, 2015). "Art Van pulls plug on Paul's TV". Detroit Free Press.
  29. ↑ Sherri Welch (March 18, 2016). "Art Van to build new store in Canton Township — right across from Ikea". Crain's Detroit.
  30. ↑ "Art Van Spring Catalog and Free Furniture Frenzy". Fox 2. April 16, 2016.
  31. ↑ http://www.freep.com/story/money/business/columnists/carol-cain/2014/11/23/art-van-art-van-elslander-detroit-thanksgiving-parade/19357493/
  32. ↑ Lauren Abdel-Razzaq (February 3, 2015). "Art Van bets against snow, buyers win big". Detroit News.
  33. ↑ "ART VAN FURNITURE 'LET IT SNOW' WINNERS TO BE REFUNDED MILLIONS IN PURCHASES". ABC 7. March 22, 2015.
  34. ↑ Bill Shea (February 5, 2016). "Art Van replaces regional Super Bowl TV ads with thanks for Flint water donors". Crain's Detroit.
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