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In 2012, Simmons and its sister company Serta International were acquired by American private equity company Advent International. [3] As of 2022, Simmons is a subsidiary of the American company Serta Simmons Bedding, LLC of Doraville, Georgia. [4] On January 23, 2023, Serta Simmons Bedding filed for Chapter 11 bankruptcy. [5]
La-Z-Boy Inc. (pronounced "lazy boy") is an American furniture manufacturer based in Monroe, Michigan, United States, that makes home furniture, including upholstered recliners, sofas, stationary chairs, lift chairs and sleeper sofas. The company employs more than 11,000 people.
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The founder's son, George Welch Simmons, started working his way up through the company in 1901, with a salary of $20 a week for driving trucks to the St. Louis warehouse. In 1904, he became the general manager and then later the vice-president of all the warehouses. Simmons was a Distinguished Successful Americans of his Day in 1912. [3]
Richard Simmons had one final message for his fans before his death at 76. “Richard worked very hard on his posts for you. He had many ideas and would work ahead … going back to each one ...