Jump to content

Levin Furniture

From Wikipedia, the free encyclopedia
Levin Furniture Company
Levin Furniture & Mattress
Company typePrivate
IndustryFurniture retail
Founded1920; 104 years ago (1920) (as Sam Levin Furniture Company)
FoundersSam Levin
Jessie Levin
HeadquartersMount Pleasant, Pennsylvania
Number of locations
28
Key people
Robert Levin
(President)
ProductsFurniture
RevenueIncrease US$120 million (2021)
Number of employees
1,000 (2021)
Websitelevinfurniture.com

Levin Furniture is a furniture and mattress retailer with 28 stores in Pennsylvania and Ohio.

History

[edit]

The company was founded in 1920 by Sam and Jessie Levin in Mount Pleasant, Pennsylvania as a general sales clearance center.[1] In the 1940s, the Levin family phased out other items in order to concentrate on furniture. Leonard Levin, son of Sam and Jessie, joined the company during this time and eventually became president. Between 1978 and 1985, the company added five new stores in the Pittsburgh, Pennsylvania area. In 1989, Howard Levin became president following the death of his father Leonard. In 1992, the company expanded its operations into the Cleveland, Ohio market.[2] Shortly after, Robert Levin became president of the company.

In 2017, Robert Levin retired and Levin Furniture was acquired by Art Van Furniture of Warren, Michigan. In 2020, Art Van Furniture filed for Chapter 11 bankruptcy with plans to liquidate all company-owned stores.[3] Former Levin Furniture owner Robert Levin stepped in soon after and signed a deal to buy back the Levin Furniture stores to save them from potential closures in 2020.[4][5] In addition to buying back his own stores, Levin also acquired two former Wolf Furniture stores in central Pennsylvania that were impacted by the Art Van bankruptcy.[6] This brought the total number of Levin stores to 28.

References

[edit]
  1. ^ Dakota, Michael. "Former Levin Furniture owner buying back his business to rescue 1,200 jobs, keep stores open". Retrieved 2021-11-29.
  2. ^ Engel, Clint (July 22, 2011). "Levin Opens 14th Store". Furniture Today.
  3. ^ "As post-bankruptcy furniture retail competition heats up, Levin is cleaning up customer accounts". Pittsburgh Post-Gazette. Retrieved 2021-11-29.
  4. ^ Becky Yerak (19 May 2020). "Art Van Furniture Gets $26 Million Offer for Levin Assets". WSJ.
  5. ^ Engel, Clint (March 5, 2020). "Art Van liquidating all stores". Furniture Today.
  6. ^ Napsha, Joe (December 8, 2020). "Levin to buy back 5 stores from Michigan firm, rebuild furniture chain". Trib Total Media.
[edit]