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Levitz
Levitz Furniture was a nationwide chain of American furniture stores that helped create the "furniture warehouse" genre of retail furniture sales. It was in business for nearly 100 years before liquidating in bankruptcy in early 2008. History Growth The company was founded in Lebanon, Pennsylvania, in 1910 by Richard Levitz. Story displays with JavaScript disabled. In the 1960s, Levitz, expanded by Richard's sons Leon and Ralph, successfully pioneered the sales of moderately priced brand-name furniture from a warehouse-style store. It suffered in the 1990s as consumers began to prefer showroom sales that featured spaces arranged to look like actual rooms in houses. The chain continued to expand in 2005, when they acquired Seaman's Furniture and Huffman Koos stores after bankruptcy. On a related note Six years after Leon Levitz' retirement and no longer associated with the Levitz Furniture company, the co-founder reentered the furniture market purchasing the store chain RB ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Levitz Closing
Levitz Furniture was a nationwide chain of American furniture stores that helped create the "furniture warehouse" genre of retail furniture sales. It was in business for nearly 100 years before liquidating in bankruptcy in early 2008. History Growth The company was founded in Lebanon, Pennsylvania, in 1910 by Richard Levitz. Story displays with JavaScript disabled. In the 1960s, Levitz, expanded by Richard's sons Leon and Ralph, successfully pioneered the sales of moderately priced brand-name furniture from a warehouse-style store. It suffered in the 1990s as consumers began to prefer showroom sales that featured spaces arranged to look like actual rooms in houses. The chain continued to expand in 2005, when they acquired Seaman's Furniture and Huffman Koos stores after bankruptcy. On a related note Six years after Leon Levitz' retirement and no longer associated with the Levitz Furniture company, the co-founder reentered the furniture market purchasing the store chain RB ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Room Store
The Room Store (commonly stylized as RoomStore) was a chain of furniture retail stores in the eastern and southern United States, which operated from 1992 to 2012. The company, which was owned by RoomStore, Inc., specialized in retailing all the pieces of furniture for an entire room rather than individual pieces of furniture. For example, a table may have been sold with chairs and other dining room accessories in a package rather than a table alone. The Room Store was ranked as one of the top 25 furniture retailers in the United States. A similar chain with the same name (known as The RoomStores of Phoenix, LLC) operated stores in Arizona from 1993 to 2016. History The Room Store was founded in 1992 in Texas by Gary Levitz, grandson of the founder of Levitz Furniture. The chain started with 4 stores in the Dallas-Ft. Worth area. In 1999, Levitz was killed in a plane crash. The Room Store's then-parent company, Heilig-Meyers, filed for bankruptcy protection in 2000; at the time ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seaman's Furniture
Seaman's Furniture was an American chain of furniture stores based in Woodbury, New York. History The company was founded by Julius Seaman in 1933 with its first store in Brooklyn, New York. The chain was in business for more than 70 years until it merged into Levitz in 2005. On February 8, 1990, Seaman's Furniture announced that Morton and Jeffrey Seaman would leave the company; it was later succeeded by Matthew D. Serra, former president and chief executive of G. Fox. The chain was known for its slogan, "See Seaman's First". In popular culture Seaman's Furniture is mentioned in a song by hip hop group A Tribe Called Quest. In the song "Electric Relaxation" on their third album, "Midnight Marauders," Phife Dawg utters the ribald lyric: "Let me hit it from the back, girl/I won't catch a hernia/Bust off on your couch/Now you got Seaman's furniture." See also * Levitz Furniture Levitz Furniture was a nationwide chain of American furniture stores that helped create the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Breuners Home Furnishings
Breuners Home Furnishings was a chain of furniture stores in Southwestern United States for 148 years before declaring bankruptcy in 2004. Founded in California during the California Gold Rush in the mid-19th century, its stores served California and Nevada before expanding to the east coast in the late 20th century. In 2004 the company declared bankruptcy, closed all its retail stores. For a time it had been a virtual brand on the Internet until it too went defunct. History The store was founded in 1856 by William Robert “Bill” Breuner’s great-grandfather John Breuner (1828–1890) to cater to prospectors during the California Gold Rush. The first store opened in Sacramento, California with subsequent branches in Oakland, San Francisco and later throughout California and Nevada. The company went public in 1968 under Bill Breuner. Breuner sold the company in the 1970s and it was acquired by Marshall Fields in 1983. At its height Breuners operated 40 retail outlets. The sto ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liquidation
Liquidation is the process in accounting by which a company is brought to an end in Canada, United Kingdom, United States, Ireland, Australia, New Zealand, Italy, and many other countries. The assets and property of the company are redistributed. Liquidation is also sometimes referred to as winding-up or dissolution, although dissolution technically refers to the last stage of liquidation. The process of liquidation also arises when customs, an authority or agency in a country responsible for collecting and safeguarding customs duties, determines the final computation or ascertainment of the duties or drawback accruing on an entry. Liquidation may either be compulsory (sometimes referred to as a ''creditors' liquidation'' or ''receivership'' following bankruptcy, which may result in the court creating a "liquidation trust") or voluntary (sometimes referred to as a ''shareholders' liquidation'', although some voluntary liquidations are controlled by the creditors). The ter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States West Coast
The West Coast of the United States, also known as the Pacific Coast, Pacific states, and the western seaboard, is the coastline along which the Western United States meets the North Pacific Ocean. The term typically refers to the contiguous U.S. states of California, Oregon, and Washington, but sometimes includes Alaska and Hawaii, especially by the United States Census Bureau as a U.S. geographic division. Definition There are conflicting definitions of which states comprise the West Coast of the United States, but the West Coast always includes California, Oregon, and Washington as part of that definition. Under most circumstances, however, the term encompasses the three contiguous states and Alaska, as they are all located in North America. For census purposes, Hawaii is part of the West Coast, along with the other four states. ''Encyclopædia Britannica'' refers to the North American region as part of the Pacific Coast, including Alaska and British Columbia. Although the enc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies That Filed For Chapter 11 Bankruptcy In 1997
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies That Have Filed For Chapter 7 Bankruptcy
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail Companies Disestablished In 2008
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail Companies Established In 1910
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Companies Established In 1910
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manufacturing Companies Established In 1910
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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