[1] 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.

[2] It suffered in the 1990s as consumers began to prefer showroom sales that featured spaces arranged to look like actual rooms in houses.

[4] The furniture market underwent a prolonged nationwide downturn after the September 11 attacks, and was hurt again in late 2007 by the 2007 subprime mortgage financial crisis.

[1] As of that time, it was operating nearly 80 stores, mostly in the Northeastern United States and on the West Coast,[6] under the corporation PLVTZ LLC.

[7] The company was sold in bankruptcy to a group of bidders, led by Hilco Merchant Resources,[3] that acted to rapidly liquidate its inventory and close all remaining stores.