Monroe, Mich. — La-Z-Boy Incorporated, a global leader in the retail and manufacture of residential furniture, has completed its previously announced acquisition of two La-Z-Boy stores in New Orleans. This acquisition continues the recent expansion in both acquisitions and new company-owned store openings across the U.S. including in Georgia, Florida, Tennessee, Mississippi, Massachusetts, Wisconsin, Colorado and Arizona. The company-owned store count has grown to 237, which is an all-time high.
Over the last 12 months through fiscal 2027 Q1, the company has added 32 new company-owned stores, including 14 that were new and 18 that were acquired. The company expects to open approximately 10 new stores per year, with the majority company-owned, toward its long term target of 450 total La-Z-Boy stores across the U.S. and Canada.
La-Z-Boy Incorporated has a retail network of approximately 380 La-Z-Boy stores, including 237 company-owned locations, and its digital platform at www.La-Z-Boy.com. Its Joybird® brand is an omnichannel retailer and manufacturer of modern, custom upholstered furniture, operating 19 U.S. stores.
SOURCE: La-Z-Boy Incorporated