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From Home Furnishing Business
Report: $1B Sales within Reach for Art Van Furniture
July 13,
2015 by in Furniture Retailing, Industry 
Warren, Mich.-based Art Van Furniture is bullish on the market for millennials and their penchant for minimalist bedroom sets; new product lines and geographic expansion are among the reasons the company expects to reach $1 billion in annual sales within three years.
For the Warren-based company, which has spent the past couple of years expanding both in its hometown state and in other Midwest markets, the $1 billion mark is within reach if current projections hold true.
Art Van brought in $620 million during fiscal 2014 ended Sept. 30, up from $575 million in 2013 and $385 million in 2009.
"Given the (anticipated) success of the next three years, we will be at an estimated billion by 2018," CEO Kim Yost told Crain's last week.
Read Entire Story Source: Crain’s Detroit Business