La-Z-Boy Incorporated Opens Newly Renovated Showroom at High Point Market
La-Z-Boy (NYSE: LZB) has unveiled its newly renovated showroom at High Point Market in Furniture Plaza, North Carolina. The remodeled 70,000 square-foot space showcases new visual elements and product offerings, demonstrating the company's Century Vision strategy progress. The renovation is part of a larger investment announced in February 2024, which includes showroom upgrades for the La-Z-Boy brand, La-Z-Boy International, and England Furniture. Despite challenging industry conditions, the company emphasizes its financial stability and commitment to reaching new consumers through its differentiated product portfolio and brand experience.
La-Z-Boy (NYSE: LZB) ha inaugurato il suo showroom ristrutturato al High Point Market nel Furniture Plaza, Carolina del Nord. Lo spazio rinnovato di 70.000 piedi quadrati presenta nuovi elementi visivi e offerte di prodotti, dimostrando i progressi della strategia Century Vision dell'azienda. La ristrutturazione è parte di un investimento più ampio annunciato a febbraio 2024, che comprende miglioramenti agli showroom per il marchio La-Z-Boy, La-Z-Boy International e England Furniture. Nonostante le difficoltà del settore, l'azienda sottolinea la sua stabilità finanziaria e il suo impegno a raggiungere nuovi consumatori attraverso un portafoglio di prodotti differenziati e un'esperienza di marca.
La-Z-Boy (NYSE: LZB) ha presentado su showroom recientemente renovado en el High Point Market en Furniture Plaza, Carolina del Norte. El espacio remodelado de 70,000 pies cuadrados exhibe nuevos elementos visuales y ofertas de productos, demostrando el progreso de la estrategia Century Vision de la compañía. La renovación forma parte de una inversión más amplia anunciada en febrero de 2024, que incluye mejoras en los showrooms de la marca La-Z-Boy, La-Z-Boy International y England Furniture. A pesar de las desafiantes condiciones del sector, la empresa enfatiza su estabilidad financiera y su compromiso de alcanzar nuevos consumidores a través de su cartera de productos diferenciados y la experiencia de marca.
La-Z-Boy (NYSE: LZB)는 노스캐롤라이나 하이 포인트 마켓의 가구 플라자에 새롭게 개조된 쇼룸을 공개했습니다. 개조된 70,000 평방피트의 공간은 새로운 시각적 요소와 제품 제공을 선보이며, 회사의 센추리 비전 전략의 진전을 보여줍니다. 이번 리노베이션은 2024년 2월에 발표된 더 큰 투자 계획의 일환으로, La-Z-Boy 브랜드, La-Z-Boy International 및 England Furniture의 쇼룸 업그레이드를 포함합니다. 어려운 산업 환경에도 불구하고, 회사는 재정적 안정성과 차별화된 제품 포트폴리오 및 브랜드 경험을 통해 새로운 소비자에게 도달하겠다는 각오를 강조합니다.
La-Z-Boy (NYSE: LZB) a dévoilé son showroom récemment rénové au High Point Market dans le Furniture Plaza, en Caroline du Nord. L'espace remodelé de 70 000 pieds carrés présente de nouveaux éléments visuels et des offres de produits, illustrant les progrès de la stratégie Century Vision de l'entreprise. La rénovation fait partie d'un investissement plus large annoncé en février 2024, qui comprend des améliorations des showrooms pour la marque La-Z-Boy, La-Z-Boy International et England Furniture. Malgré les conditions difficiles de l'industrie, l'entreprise souligne sa stabilité financière et son engagement à atteindre de nouveaux consommateurs grâce à son portefeuille de produits différenciés et à son expérience de marque.
La-Z-Boy (NYSE: LZB) hat sein neu renoviertes Showroom auf dem High Point Market im Furniture Plaza, North Carolina, vorgestellt. Der umgestaltete 70.000 Quadratfuß große Raum zeigt neue visuelle Elemente und Produktangebote und demonstriert den Fortschritt der Unternehmensstrategie Century Vision. Die Renovierung ist Teil einer größeren Investition, die im Februar 2024 angekündigt wurde und Verbesserungen der Showrooms für die Marke La-Z-Boy, La-Z-Boy International und England Furniture umfasst. Trotz herausfordernder Branchenbedingungen betont das Unternehmen seine finanzielle Stabilität und das Engagement, neue Verbraucher durch sein differenziertes Produktportfolio und Markenerlebnis zu erreichen.
- Significant investment in 70,000 square-foot showroom renovation demonstrates financial strength
- Strategic expansion of retail presence through modernized facilities
- Company maintains financial stability despite challenging market conditions
- Ongoing challenging industry and macroeconomic conditions acknowledged by management
- Showcases new visual elements and product offerings aimed to deliver the transformational power of comfort across all generations
- Demonstrates continued Century Vision progress, and reinforces company’s commitment to the industry
HIGH POINT, N.C., Oct. 25, 2024 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the manufacture and retail of residential furniture, has opened its newly renovated showroom at High Point Market in Furniture Plaza, High Point, North Carolina.
The remodeled, nearly 70,000 square-foot space, features new visual elements and product offerings aimed at delivering La-Z-Boy’s transformational power of comfort across all generations. The investment demonstrates the company’s commitment to the industry and continued progress in the execution of its Century Vision strategy.
“The showroom brings to life our Century Vision, as we near the end of our company’s first century and prepare for the next, leveraging our iconic La-Z-Boy brand, differentiated product portfolio, and strong consumer insights to reach new consumers and better serve all stakeholders,” said Melinda D. Whittington, President and Chief Executive Officer. “It is enabled by the financial stability of La-Z-Boy Incorporated, despite the ongoing challenging industry and macroeconomic conditions.”
“Uniting our iconic past with our limitless future, the showroom highlights the strength of our iconic La-Z-Boy brand and incredible product offerings,” said Rob Sundy, President, La-Z-Boy Brand and Chief Commercial Officer. With distinctive visual elements, new products, and the introduction of a reimagined brand experience, we are further positioning La-Z-Boy as an inspiring brand prepared to embrace the next century.”
In February of 2024, La-Z-Boy Incorporated announced that it was investing in major renovations of its showrooms in High Point, North Carolina, including showrooms for the La-Z-Boy brand, La-Z-Boy International, and England Furniture. The High Point showroom renovations were completed in close collaboration with ANDMORE, RPM Partners, and in conjunction with architectural and design partners and vendors.
Melinda Whittington, La-Z-Boy Incorporated President and CEO; Rob Sundy, President, La-Z-Boy Brand and Chief Commercial Officer; and Rebecca Reeder, President, Retail, La-Z-Boy Furniture Galleries, cut the ribbon to open the company's newly renovated showroom at High Point Market.
Media Contacts:
Cara Klaer, Corporate Communications: (734) 598-0652; Cara.Klaer@la-z-boy.com
Mark Becks, Investor Relations: (734) 457-9538; Mark.Becks@la-z-boy.com
About La-Z-Boy Incorporated:
La-Z-Boy Incorporated brings the transformational power of comfort to people, homes, and communities around the world – a mission that began when its founders invented the iconic recliner in 1927. Today, the company operates as a vertically integrated furniture retailer and manufacturer, committed to uncompromising quality and compassion for its consumers.
The Retail segment consists of about 190 company-owned La-Z-Boy Furniture Galleries® stores and is part of a broader network of over 350 La-Z-Boy Furniture Galleries® that, with La-Z-Boy.com, serve customers nationwide. Joybird®, an e-commerce retailer and manufacturer of modern upholstered furniture, has 12 stores in the U.S. In the Wholesale segment, La-Z-Boy manufactures comfortable, custom furniture for its Furniture Galleries® and a variety of retail channels, England Furniture Co. offers custom upholstered furniture, and casegoods brands Kincaid®, American Drew®, and Hammary® provide pieces that make every room feel like home. To learn more, please visit: https://www.la-z-boy.com/.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/72a7aa19-7a04-401d-8935-0aa75d9c84e4
FAQ
What is the size of La-Z-Boy's (LZB) new renovated showroom at High Point Market?
When did La-Z-Boy (LZB) announce its High Point showroom renovation plans?
How many La-Z-Boy Furniture Galleries stores does LZB currently operate?
