American Drew/Lea and Hammary to Consolidate
2010年1月22日 - 7:02AM
PRニュース・ワイアー (英語)
MONROE, Mich., Jan. 21 /PRNewswire-FirstCall/ -- La-Z-Boy
Incorporated (NYSE:LZB) today announced that it will consolidate
Hammary Furniture, an industry leader in the occasional category,
into its American Drew/Lea organization located in High Point, NC.
The consolidation will begin in the middle of March and will be
fully effective at the end of April 2010. As the consolidation
process continues, roles and positions will be further defined.
Steven M. Kincaid, President of La-Z-Boy's Casegoods Segment, said,
"The combination of these companies will allow us to bring a more
complete casegoods product line up to our dealer base and we look
forward to providing them with more of a one-stop solution for
dining room, bedroom, youth furniture and occasional. Additionally,
the larger combined organization will allow us to leverage the
supply chain and distribution networks in place today for each
company, affording us the opportunity to enhance service levels to
our customer base while strengthening our sales, marketing and
merchandising team under one umbrella." The Hammary Showroom
located in the IHFC Building, in High Point, NC, will move from the
third to the ninth floor adjacent to American Drew/Lea for the
March pre-market as well as the April Furniture Market. Background
Information La-Z-Boy Incorporated is one of the world's leading
residential furniture producers, marketing furniture for every room
of the home. The La-Z-Boy Upholstery Group companies are Bauhaus,
England and La-Z-Boy. The La-Z-Boy Casegoods Group companies are
American Drew/Lea, Hammary and Kincaid. The corporation's
proprietary distribution network is dedicated exclusively to
selling La-Z-Boy Incorporated products and brands, and includes 311
stand-alone La-Z-Boy Furniture Galleries® stores and 487
independent Comfort Studios®, in addition to in-store gallery
programs at the company's Kincaid, England and Lea operating units.
Additional information is available at http://www.la-z-boy.com/.
DATASOURCE: La-Z-Boy Incorporated CONTACT: Kathy Liebmann,
+1-734-241-2438, Web Site: http://www.la-z-boy.com/
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