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Art Van Buys Mattress World Chain

By Aggregated Content in Accessories on May 12, 2011 from http://c.moreover.com/click/here.pl?z4616300084&z=1250249030

Art Van Furniture is purchasing Mattress World, the Howell, Mich.-headquartered chain of 28 stores in Michigan and Indiana. It marks the furniture giant's first foray outside of Michigan in the company's 52-year history.

Privately owned Art Van did not release the purchase price. The Mattress World stores -- which include one across the street from Art Van's Warren headquarters -- will retain its approximately 100 employees. The Mattress World name will remain for at least the next 60 days, while the impact of the acquisition is assessed.

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