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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]
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 ...
Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...
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It is the oldest manufacturer of reclining chairs in the U.S. [3] After the company filed for bankruptcy in 2010, it shuttered its facilities in Rocky Mount, North Carolina, and Martinsville, Virginia, then restarted manufacturing at the plant in Morristown, Tennessee, in 2011, for manufacture of the Barcalounger chair. [4]
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