Levitz's Fate Sealed

Furniture World Magazine

Furninfo.com readers and other reports coming in from the Levitz bankruptcy auction in NY that ended early this morning noted that: -The Levitz GOB will begin soon with Hilco and PFP handling the sale. - Ashley will acquire 20 West Coast locations and Raymour & Flanigan nearly 20 locations around New York. - Liquidators will pay $48 million for the assets of bankrupt Levitz Furniture Inc. Additional information can be found on and new comments posted to the Trade Message Board on the furninfo.com website.