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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 ]
Levitz Furniture store during liquidation sale, December 2007. Levitz was accused of having been poorly run for more than a decade starting in the 1990s. It declared Chapter 11 bankruptcy twice during the period, in 1997 and again in 2005, both times emerging after a corporate restructuring and the participation of new outside backers. [3]
In 2004, Paoli, Inc. was acquired by HNI Corporation, the second-largest office furniture manufacturer. [4] From 2007 - 2009, Dave Gardner served as president. In January 2010, Brandon Sieben became president and served until December 2013 when he re-located to another position within the HNI Corporation.
In the end, it was the recipe-file boxes that paved the way for The Home-O-Nize Company’s entry into the office furniture and supply industry. [1] In the early 1950s, the office products division of The Home-O-Nize Company became The H-O-N Division, and, in 1967, it officially became The HON Company.
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The company was founded as a housewares manufacturer in 1932 by Theodore Baumritter and his brother-in-law Nathan S. Ancell. They bought a bankrupt furniture factory in Beecher Falls, Vermont in 1936 and adopted the name "Ethan Allen" for its early-American furniture introduced in 1939, after the Vermont Revolutionary War leader Ethan Allen.
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