Warren, Michigan. – Lowes Furniture customers, the company that closed Art Van Furniture’s multiple locations, are concerned after the company filed for bankruptcy.
The furniture retailer looked like a hero in 2020 when it was having financial problems at Art Vans, but now has its own financial issues and has closed several Michigan locations that opened months earlier.
depends on. If you are a customer who has not yet paid the furniture and you should call your bank or credit card company immediately.
The Better Business Bureau said the situation is problematic for those who received their furniture, but there may be a warranty. If that group includes you, don’t expect that warranty to be too much.
Love’s Furniture blamed the COVID epidemic and slow shipments from overseas. While this may be true, new disclosures of major financial problems will not help the situation for many.
Reading: Lovers Furniture customers delay long delivery
In the bankruptcy filing, Loves reported that it had between 100-200 creditors and owed $ 10 million to $ 50 million.
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