Jan 13, 2021
WARREN Loves Furniture, which in May acquired the former Levin Furniture stores in the Mahoning and Shenango valleys, has filed for Chapter 11 bankruptcy, and the three area stores are going out of business.
The stores in Niles, Boardman and Hermitage, Pa., are among 13 locations selling off their merchandise in a deal Loves struck with Connecticut-based Planned Furniture Promotions (PFP) in December.
Michigan-based Loves, owned by US Assets Inc. in Dallas, purchased 27 former Levin Furniture, Art Van Furniture and Wolf Furniture stores from Art Van Furniture LLC with plans to rebrand them Loves Furniture, but quickly ran into financial trouble.