Art Van Furniture Files for Bankruptcy, Will Close Stores

Home furnishings retailer is the latest to file for Chapter 11

art van storefront
Art Van Furniture filed for bankruptcy protection late Sunday, the latest in a series of retail bankruptcies. Art Van Furniture

Key insight:

Art Van Furniture filed for Chapter 11 protection late Sunday, the latest of several retailers to do so this year, after disclosing last week its plan to wind down operations and proceed to liquidate and shutter all of its company-owned stores.

@RichCollings richard.collings@adweek.com Richard Collings is a retail reporter at Adweek.