LaZBoy Incorporated

LaZBoy Incorporated a company founded in Monroe Michigan in 1927 is a leading entity in the furniture sector Originally known as LaZBoy Chair Company it adopted its current name in 1996 The corporation is engaged in the full spectrum of furniture operations including the manufacturing marketing importing exporting distribution and retail sales of upholstered furniture casegoods and accompanying accessories Its market presence extends across the United States Canada and various international regions The companys business model is structured into three main segments Wholesale Retail and Corporate and Other The Wholesale division is responsible for both producing and importing an extensive array of upholstered furniture items such as recliners motion sofas loveseats chairs sectionals modular units ottomans and sleeper sofas Furthermore it handles the importation distribution and sale of casegoods wooden furniture which encompass occasional pieces bedroom suites dining room sets and entertainment centers This segment supplies its diverse product line to various partners including companyowned LaZBoy Furniture Galleries stores operators of LaZBoy Comfort Studio and England Custom Comfort Center locations along with independent dealers and other retailers In contrast the Retail segment focuses on directtoconsumer sales offering upholstered furniture casegoods and a variety of other home accessories This is primarily achieved through its robust network of 161 companyowned LaZBoy Furniture Galleries stores Lastly the Corporate and Other segment manages the companys online sales channels providing products directly through its website