Thursday, December 7, 2006

Levitz Furniture

Levitz Furniture, trying to rebuild its brand after it was bought out of bankruptcylast year, is moving its headquarters to Manhattan. Sam Levitz Furniture is Southern Arizona's largest Home Furnishings retailer. Levitz Furniture (formerly Levitz Home Furnishings) has a new name, new ownership and, hopefully, a new lease on life. Levitz Furniture is a leading specialty retailer of furniture, bedding and home furnishings in the United States with 78 locations in major metropolitan areas. - The Web’s Best Furniture Store

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As previously disclosed, on October 11, 2005 Levitz Furniture announced that it filed for protection under chapter 11 of the U.S. Bankruptcy Code in the Southern District of New York. Come in today to see why more people in Southern Arizona buy their furniture at Sam Levitz Furniture. To facilitate the rapid flow of products to customers, the new Levitz Furniture recently announced that it has entered into a new $55 million credit facility with GE Commercial Finance. furniture levitz location store related to furniture levitz warehouse or furniture levitz living room, dining furniture levitz room.
This website has information on levitz kid furniture (furniture home levitz) com furniture levitz... As part of the standards, Levitz Furniture agreed not to advertise discounts off "regular" prices unless 20% of the total sales for that item were at the "regular" price, and the item was offered at the "regular" price at least 60% of the time. See MAPS for locations. For 3 generations Sam Levitz Furniture has provided the highest quality furniture with service you can count on. Levitz Furniture Home Furnishings filed for Chapter 11 bankruptcy in 2005, and sold its assets in December of that year to investment firm Prentice Capital Management and Pride Capital, the parent of liquidator Great American Group.

Sam Levitz Furniture
The new owners closed about 30 Levitz Furniture stores. We are aware of the losses that groups such as investors, suppliers and lenders have suffered as a result of this restructuring, and are also aware of the great loyalty customers have shown to the Levitz Furniture brand through these difficult times.
Click to view furniture - delivered quickly and inexpensively by local furniture stores.
According to Gregoire, the agreement with Levitz Furniture will serve as a blueprint for other retailers because it sets up comprehensive standards to ensure advertised discounts represent legitimate savings to consumers. Although operating under the same name, Levitz Furniture is now a new company, with a new owner. Washington state will receive $102,500, $72,000 of which will be distributed to non-profit organizations to buy furnishings for low-income housing or shelters in the communities where Levitz Furniture did business. Levitz Furniture has stores in Tukwila, Tacoma and Lynnwood.

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