INSIDER
Clinton Township’s Partridge Creek Mall to be sold in receivership despite steady traffic
Read full article: Clinton Township’s Partridge Creek Mall to be sold in receivership despite steady trafficPartridge Creek Mall was originally developed by Taubman and opened to a lot of fanfare in 2007. Designed to be an upscale outdoor shopping experience that was dog-friendly, a Nordstrom and a Parisian anchored it. Fast forward to 2014, the mall was sold at the height of the market.
'Actively exploring options’ -- Art Van Furniture could file for Chapter 11 bankruptcy
Read full article: 'Actively exploring options’ -- Art Van Furniture could file for Chapter 11 bankruptcyWARREN, Mich. – The Warren-based furniture chain Art Van Furniture may be filing for bankruptcy. UPDATE: Art Van Furniture to close all stores; liquidation sales begin March 6According to Crain’s Detroit, the private equity owner is looking for a possible buyer for the company and might file for Chapter 11 bankruptcy. A representative for Art Van Furniture told Local 4, “We are actively exploring a variety of options with our creditors, investors and landlords to ensure Art Van can continue serving our guests and our communities. It is premature at this time to comment further as no final decisions have been made. In the meantime, our stores are open, and it is business as usual."