Hillside Furniture to close one year after Art Van sale – The Detroit News
Hillside Furniture, an Oakland County mainstay for contemporary furniture for more than four decades, is going out of business just one year after being sold to Warren-based Art Van Furniture.
On Friday, Art Van ran ads announcing that Hillside was going out of business, âselling out to the bare walls.â In a news release, the retailer said it plans to âre-brandâ the store in the same location on Telegraph in Bloomfield Township as an Art Van store. All Hillside employees will become Art Van employees and the retailer said it will likely add more associates as demand grows at that location.
âAs our company expands, it is essential that we focus on the Art Van brand as the brand of the future,â said Art Van Furniture CEO Kim Yost in a news release. âAs a company that operates more than 100 locations throughout the Midwest, this single-minded commitment will allow us to achieve many synergies together under the Art Van brand, which, like Hillside, has created a reputation built on trust, respect, and quality furniture and home design.â
Hillside was founded more than 40 years ago by Bruce Selik and was known for its large selection of contemporary home goods. When Selik sold the store to Art Van in March 2016 because he planned to retire, Art Vanâs founder, Art Van Elslander, said the retailer was âhonored to be entrusted with the brand Bruce has worked so hard to build.â
Jeff Selik, Bruceâs son, who became Hillsideâs general manager after the sale, declined to comment about Hillsideâs closure. He will assume a leadership position in the company.
The storeâs closure comes nearly three months after Art Van was sold to Thomas H. Lee Partners, a private equity firm based in Boston.
Art Van plans to remodel the former Hillside store by mid-August, but it will no longer carry exclusive contemporary furniture. It will carry the same furniture as other Art Van stores. âThere will be some modern just like Noviâ and other Art Van stores, said spokeswoman Diane Charles.
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