La-Z-Boy Incorporated engages in the manufacture, marketing, and retail of upholstery products and casegoods furniture products in the United States and Canada. It operates in three groups: Upholstery Group, Casegoods Group, and Retail Group. The Upholstery Group manufactures and sells upholstered furniture, including recliners and motion furniture, sofas, loveseats, chairs, ottomans, and sleeper sofas to furniture retailers. The Casegoods Group sells manufactured or imported wood furniture to furniture retailers and the hospitality industry. Its products include tables, chairs, entertainment centers, headboards, dressers, accent pieces, and other upholstered furniture for the residential and hospitality markets. The Retail Group consists of 63 company-owned La-Z-Boy Furniture Galleries stores located in nine markets ranging from the Midwest to the East Coast of the United States. This Group sells upholstered furniture to end consumers through the retail network. As of April 29, 2006, the company had 63 owned standalone La-Z-Boy Furniture Galleries stores, independent dealers for 246 standalone La-Z-Boy Furniture Galleries stores, and 340 instore galleries. It markets its products through independent sales representatives. The company was founded in 1927. It was formerly known as La-Z-Boy Chair Company and changed its name to La-Z-Boy Incorporated in 1996. La-Z-Boy is based in Monroe, Michigan.
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