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Pat O’Keefe on WDIV Local 4 News at 6 — March 5, 2020
Warren-based furniture chain Art Van Furniture is planning to close all stores in Michigan, Illinois, Indiana, Missouri, and Ohio.
Turnaround expert Patrick O’Keefe told Local 4 he believes rents caused the issues.
“My understanding is the landlords who helped with this sale upped the rents, which made it difficult for the stores to survive,” O’Keefe said.