Los Angeles - Short Report; Youll love it at Levitz will now only be remembered as an old phrase and no longer a place you can go to buy at Levitz Furniture Stores. Some of their stores are being bid on by liquidators going in to make a quick turn around profit in buying specific locations and selling it off piece by piece. Other more well known brand names, such as Ashley Home will be buying some of the Levitz Furniture Stores to redecorate as their own branded store.
Warranty Week - the Newsletter for Warranty Management Professionals::
Regulators now will probe a possible monopoly situation, zeroing in ... Levitz Furniture bankruptcy also impacts customer service and extended warranties. ...
http://www.warrantyweek.com/HOME |
BRIEF: Levitz closing stores, discounting inventory::
Levitz closing all local, U.S. stores. Levitz Furniture begins store closure sales ... The liquidation was launched after a bankruptcy judge last Monday ...
http://www.tradingmarkets.com/.site/news/Stock%20News/895886/HOME |
Levitz was once the largest furniture store chain in America with over $1 billion in annual sales back in 1999 or so. One important factor that lead to their downfall was having to close down stores that may have affected their ability to leverage critical mass and also their remaining stores werent moving along with migrating demographics. Moreover, the general educated public has started shopping online F I NA N C I A L R E ST RUC T U R I N G [Adobe PDF]... and are adept in analyzing the status of a bankruptcy ... (Debtor in Workout) Levitz Furniture (Official Committee) NABI Industries (Major Investors) ...more hits from: http://www.stroock.com/SiteFiles/PAFile80.pdf - 95 KB
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... and are adept in analyzing the status of a bankruptcy ... (Debtor in Workout) Levitz Furniture (Official Committee) NABI Industries (Major Investors) ...
http://www.stroock.com/SiteFiles/PAFile80.pdfHOME |
furniture store selections with price, selection, and quality at a touch of a button. People now look toward an easier method of buying furniture, such as at amazon.com, visiondecor.com, ikea.com, furniture.com, etc. Not that a website image of a sofa can take the place of sitting on one to test it out at the store, but it does offer a lot more convenience and knowledge about what you are getting and how much you should be paying for it.
Not being well positioned and flexible enough to face the ever changing landscape of the population and demand, people will have to start looking elsewhere as the time is nearing an end for Levitz Furniture Stores - I guess we can all say We Loved it at Levitz.
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 Financial Representative =Insurance salesman?
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Levitz Furniture Stores Now in Bankruptcy and Liquidation