SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B-25
Commission File Number: 1-12046
1-5787
NOTIFICATION OF LATE FILING
|_| Form 10-K |_| Form 11-K |_| Form 20-F |X| Form 10-Q |_| Form N-SAR
For Period Ended: June 30, 2000
------------------------------------------------------
|_| Transition Report on Form 10-K |_| Transition Report on Form 10-Q
|_| Transition Report on Form 20-F |_| Transition Report on Form N-SAR
|_| Transition Report on Form 11-K
For Transition Period Ended: Not applicable.
--------------------------------------
Nothing in this form shall be construed to imply that the Commission
has verified any information contained herein.
If the notification relates to a portion of the filing checked above,
identify the item(s) to which the notification relates: Not applicable.
PART I
REGISTRANT INFORMATION
Full name of registrant: Levitz Furniture Incorporated;
-------------------------------
Levitz Furniture Corporation
-------------------------------
Former name, if applicable: Not Applicable
--------------------------------------------------
Address of principal executive office: 7887 North Federal Highway
---------------------------------------
City, state and zip code: Boca Raton, Florida 33487
----------------------------------------------------
PART II
RULE 12B-25 (B) AND (C)
If the subject report could not be filed without unreasonable effort
or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check box if appropriate.)
(a) The reason described in detail in Part III of this form could
not be eliminated without unreasonable effort or expense;
|X|
(b) The subject annual report, semi-annual report, transition
report on Form 10-K, 20-F, 11-K or Form N-SAR, or portion
thereof will be filed on or before the 15th day following the
prescribed due date; or the subject quarterly report or
transition report on Form 10-Q, or portion thereof will be
filed on or before the fifth calendar day following the
prescribed due date; and
(c) The accountant's statement or other exhibit required by Rule
12b-25 (c) has been attached, if applicable.
PART III
NARRATIVE
State below in reasonable detail the reasons why Form 10-K, 11-K,
20-F, 10-Q, N-SAR or the transition report portion thereof could not be
filed within the prescribed time period.
On August 10, 2000, Levitz Furniture Incorporated (the "Company") and
its wholly-owned subsidiary, Levitz Furniture Corporation ("Levitz"),
announced their intention to exit the Boston market and in connection
therewith to sell or close later this year the four stores currently
operating in such market. As a result, of the planned exit from the Boston
market, the Company is unable to timely complete the requisite financial
statements to be included with the Form 10-Q so as to determine the appropriate
impact of the exit from the Boston market on their quarterly financial
statements. Therefore, the Company and Levitz are not in a position to file
their Quarterly Report on Form 10-Q on a timely basis.
For the reasons set forth above, the Company's and Levitz's
inability to timely file their Quarterly Report on Form 10-Q for the
quarterly period ended June 30, 2000 cannot be eliminated without
unreasonable effort or expense. Nevertheless, the Company and
Levitz presently intend to file their Quarterly Report on Form 10-Q no
later than the fifth day following the prescribed due date, as contemplated
by Rule 12b-25(b)(2) promulgated under the Securities Exchange Act of 1934,
as amended.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification:
Ed Zimmer
Vice President and Secretary of
Levitz Furniture Incorporated and
Levitz Furniture Corporation (561) 994-5150
------------------------------------------------------------------------------
(Name) (Area code) (Telephone number)
(2) Have all other periodic reports required under Section 13 or 15(d)
of the Securities Exchange Act of 1934 or Section 30 of the Investment
Company Act of 1940 during the preceding 12 months or for such shorter
period that the registrant was required to file such report (s) been filed?
If the answer is no, identify report(s).
|X| Yes |_| No
(3) Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal year will be
reflected by the earnings statements to be included in the subject report
or portion thereof?
|_| Yes No
If so: attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the reasons why
a reasonable estimate of the results cannot be made.
Levitz Furniture Incorporated
Levitz Furniture Corporation
-------------------------------------------------------------------------------
(Name of registrants as specified in charter)
Has caused this notification to be signed on their behalf by the
undersigned thereunto duly authorized.
Date: August 15, 2000 By: /s/ Ed Zimmer
--------------- ---------------------------------------------
Ed Zimmer, Vice President and Secretary
of Levitz Furniture Incorporated and Levitz
Furniture Corporation
