FORM 8-K
  
                       SECURITIES AND EXCHANGE COMMISSION
  
                              Washington, DC  20549
  
                                 CURRENT REPORT
  
                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934
  
                       Date of Report:  December 21, 1998
                       (Date of earliest event reported) 
   
  
  
   LEVITZ FURNITURE INCORPORATED          LEVITZ FURNITURE CORPORATION
   -----------------------------          -----------------------------
     (Exact name of registrant               Exact name of registrant
     as specified in its charter)          as specified in its charter)

<TABLE>
<CAPTION>
 
<S>                   <C>          <C>                <C>             <C>            <C>       
    DELAWARE          1-12046      23-2351830       FLORIDA        1-5787         23-1657490
 (State or other   (Commission   (IRS Employer   (State or other   (Commission   (IRS Employe
  jurisdiction of  File Number   Identification  jurisdiction of   File Number)  Identification
   incorporation)                      No.)       incorporation)                      No.)
</TABLE>

      -----------------------------------------------------------------------  
                           7887 NORTH FEDERAL HIGHWAY
                           BOCA RATON, FLORIDA  33487
                                 (561) 994-6006 
     (Address including zip code, and telephone number including area code of
                    registrants' principal executive offices)


 Item 5. Other Events. 
  
           On December 21, 1998, Levitz Furniture Corporation, a Florida

 corporation ("Levitz"), issued a press release, a copy of which is attached

 as an Exhibit hereto and is incorporated by reference herein, announcing a

 comprehensive strategy to focus and increase its presence in its most

 productive markets, streamline its warehousing and delivery systems and

 improve its operations and sales functions. 


           Levitz intends to close twenty seven stores in non-strategic

 markets, enabling it to concentrate its resources on the sixty-three

 remaining core stores on the east and west coasts, and in Minneapolis.  

 Levitz intends to open at least fifteen stores, including at least three in

 the first half of 1999.  Levitz's warehouse system will also be

 consolidated from sixty-five locations to seventeen, eliminating many

 redundancies in inventory and delivery.  Levitz will use the proceeds from

 the sale of closing stores, warehouses and associated inventory to

 significantly reduce debt, refurbish certain existing stores and open new

 ones. 


           Levitz also announced that Robert Homler, formerly president of

 marketing and merchandising, is leaving Levitz.  Edward L. Grund, Chairman

 and Chief Executive Officer of Levitz will assume direct responsibility for

 marketing and merchandising. 


           Levitz is a wholly owned subsidiary of Levitz Furniture

 Incorporated, a Delaware corporation. 

            

  

 Item 7.  Financial Statements and Exhibits. 


 (a)  Not Applicable 


 (b)  Not Applicable 


 (c)  Exhibits: 

  
      99        Press release dated December 21, 1998. 
  

                                 SIGNATURES 
  
           Pursuant to the requirements of the Securities Exchange Act of
 1934, as amended, the Registrant has duly caused this report to be signed
 on its behalf by the undersigned hereunto duly authorized. 
  
  
                          LEVITZ FURNITURE INCORPORATED 
  
  
                          By: /s/ Edward P. Zimmer                          
                              -----------------------------
                              Edward P. Zimmer 
                              Vice President 
  
  
  
  
 Date:  December 29, 1998

                                 SIGNATURES 
  
           Pursuant to the requirements of the Securities Exchange Act of
 1934, as amended, the Registrant has duly caused this report to be signed
 on its behalf by the undersigned hereunto duly authorized. 
  
  
                          LEVITZ FURNITURE CORPORATION 
  
  
                          By: /s/ Edward P. Zimmer                          
                             --------------------------------
                              Edward P. Zimmer 
                              Vice President 
  
  
  
 Date: December 29, 1998



                             INDEX TO EXHIBITS 
  
      Exhibit 
      Number                   Exhibit 
  
      99        Press release dated December 21, 1998.
[{"type": "8-K", "sequence": "1", "secsgml_size_bytes": 4631}]
[{"company-data": {"conformed-name": "LEVITZ FURNITURE CORP /FL/", "cik": "0000058997", "assigned-sic": "5712", "irs-number": "231657490", "state-of-incorporation": "FL", "fiscal-year-end": "0331"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "033-61534", "film-number": "98777045"}, "business-address": {"street1": "7887 NORTH FEDERAL HIGHWAY", "city": "BOCA RATON", "state": "FL", "zip": "33487", "phone": "4079946006"}, "mail-address": {"street1": "7887 NORTH FEDERAL HIGHWAY", "city": "BOCA RATON", "state": "FL", "zip": "33487"}}, {"company-data": {"conformed-name": "LEVITZ FURNITURE INC", "cik": "0000902279", "assigned-sic": "5712", "irs-number": "232351830", "state-of-incorporation": "DE", "fiscal-year-end": "0331"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-12046", "film-number": "98777046"}, "business-address": {"street1": "7887 NORTH FEDERAL HIGHWAY", "city": "BOCA RATON", "state": "FL", "zip": "33487", "phone": "4079946006"}, "mail-address": {"street1": "7887 NORTH FEDERAL HIGHWAY", "city": "BOCA RATON", "state": "FL", "zip": "33487"}}]
FORM 8-K
  
                       SECURITIES AND EXCHANGE COMMISSION
  
                              Washington, DC  20549
  
                                 CURRENT REPORT
  
                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934
  
                       Date of Report:  December 21, 1998
                       (Date of earliest event reported) 
   
  
  
   LEVITZ FURNITURE INCORPORATED          LEVITZ FURNITURE CORPORATION
   -----------------------------          -----------------------------
     (Exact name of registrant               Exact name of registrant
     as specified in its charter)          as specified in its charter)
DELAWARE          1-12046      23-2351830       FLORIDA        1-5787         23-1657490
 (State or other   (Commission   (IRS Employer   (State or other   (Commission   (IRS Employe
  jurisdiction of  File Number   Identification  jurisdiction of   File Number)  Identification
   incorporation)                      No.)       incorporation)                      No.)
-----------------------------------------------------------------------  
                           7887 NORTH FEDERAL HIGHWAY
                           BOCA RATON, FLORIDA  33487
                                 (561) 994-6006 
     (Address including zip code, and telephone number including area code of
                    registrants' principal executive offices)

 Item 5. Other Events. 
  
           On December 21, 1998, Levitz Furniture Corporation, a Florida

 corporation ("Levitz"), issued a press release, a copy of which is attached

 as an Exhibit hereto and is incorporated by reference herein, announcing a

 comprehensive strategy to focus and increase its presence in its most

 productive markets, streamline its warehousing and delivery systems and

 improve its operations and sales functions. 

           Levitz intends to close twenty seven stores in non-strategic

 markets, enabling it to concentrate its resources on the sixty-three

 remaining core stores on the east and west coasts, and in Minneapolis.  

 Levitz intends to open at least fifteen stores, including at least three in

 the first half of 1999.  Levitz's warehouse system will also be

 consolidated from sixty-five locations to seventeen, eliminating many

 redundancies in inventory and delivery.  Levitz will use the proceeds from

 the sale of closing stores, warehouses and associated inventory to

 significantly reduce debt, refurbish certain existing stores and open new

 ones. 

           Levitz also announced that Robert Homler, formerly president of

 marketing and merchandising, is leaving Levitz.  Edward L. Grund, Chairman

 and Chief Executive Officer of Levitz will assume direct responsibility for

 marketing and merchandising. 

           Levitz is a wholly owned subsidiary of Levitz Furniture

 Incorporated, a Delaware corporation. 

            

  

 Item 7.  Financial Statements and Exhibits. 

 (a)  Not Applicable 

 (b)  Not Applicable 

 (c)  Exhibits: 

  
      99        Press release dated December 21, 1998. 
  

                                 SIGNATURES 
  
           Pursuant to the requirements of the Securities Exchange Act of
 1934, as amended, the Registrant has duly caused this report to be signed
 on its behalf by the undersigned hereunto duly authorized. 
  
  
                          LEVITZ FURNITURE INCORPORATED 
  
  
                          By: /s/ Edward P. Zimmer                          
                              -----------------------------
                              Edward P. Zimmer 
                              Vice President 
  
  
  
  
 Date:  December 29, 1998

                                 SIGNATURES 
  
           Pursuant to the requirements of the Securities Exchange Act of
 1934, as amended, the Registrant has duly caused this report to be signed
 on its behalf by the undersigned hereunto duly authorized. 
  
  
                          LEVITZ FURNITURE CORPORATION 
  
  
                          By: /s/ Edward P. Zimmer                          
                             --------------------------------
                              Edward P. Zimmer 
                              Vice President 
  
  
  
 Date: December 29, 1998

                             INDEX TO EXHIBITS 
  
      Exhibit 
      Number                   Exhibit 
  
      99        Press release dated December 21, 1998.