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Also sold was the Sam Moore division, in February 2007 to Hooker Furniture. La-Z-Boy was still number three, with $1.5 billion in shipments. [11] In November 2006, High Point offered $600,000 to the La-Z-Boy division that was formerly LADD to move its headquarters back. [12] Late in 2006, La-Z-Boy had 7,000 employees, down from 13,000 six years ...
A recliner Recliner aboard a business jet. A recliner is an armchair or sofa that reclines when the occupant lowers the chair's back and raises its front. [1] [2] It has a backrest that can be tilted back, and often a footrest that may be extended by means of a lever on the side of the chair, or may extend automatically when the back is reclined.
Late in 2001, Masco announced Furniture Brands International would buy Henredon, Drexel Heritage and Maitland-Smith for $275 million, in a deal expected to return Furniture Brands to the number one U.S. furniture manufacturer, a title lost to La-Z-Boy when that company bought LADD in 2000. [13]
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Product was often sourced from smaller, local companies, but some larger brands including Barcalounger, Bassett Furniture, [2] and La-Z-Boy were also sold. [6] Some services the business offered included complete interior design [7] and delivery within 100 miles of Zebulon, allowing their product to reach the wider Eastern Carolina market. [17]