Levin Furniture is Back and Reopening Stores
Original owner Robert Levin has reacquired the business out of bankruptcy and hopes to be up and running this summer.
Levin Furniture is making another comeback — and it’s coming to a store near you.
Original owner Robert Levin has reacquired the Levin Furniture brand out of bankruptcy and has reopened 17 his furniture and mattress stores in the Pittsburgh and Cleveland areas.
“My heart broke when I read stories of customers who were owed either their furniture or their money back after Art Van suddenly closed all stores because of the pandemic,” says Levin. “We’re going to take care of those customers now after we are able to reopen some of the stores.”
In November 2017, Levin retired, and the company was sold to Michigan-based Art Van Furniture, LLC. In March, when Levin heard the stores would be part of court restructuring, he decided to leave retirement to keep the stores from closing.
An agreement to buy back the company from Art Van Furniture was made until the company, citing the COVID-19 pandemic, closed the stores and terminated all employees. On May 20, Levin Furniture brand was reacquired out of bankruptcy after an agreement was reached.
The Levin family name has been in the furniture business in the tri-state area for 100 years. The company was established by Robert Levin’s grandfather in 1920 and expanded as it was passed down within the family. After leaving the hands of the family for only three years, the company is now back under family ownership.
KDKA-TV reports Levin’s $27 million rescue offer for the company will include $10 million for the thousands of customers that never received their furniture after the bankruptcy.
“My goals were to protect as many jobs as possible for Levin associates, and to continue to serve our loyal customers,” says Levin.
Levin asked another furniture family, John Schultz and Matt Schultz, the owners of John V Schultz Furniture and Ashley HomeStore of Pittsburgh and Youngstown to join him in owning and operating the Levin’s stores. The Pittsburgh area Furniture stores that reopened on July 3 include locations in Monroeville, Wexford, Pleasant Hills and Greensburg.