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The Untold Story of How Covid Crushed the Furniture Industry

Samantha Lee/Insider Furniture sellers still have historically long backlogs and face tight freight markets. Furniture manufacturers havent adjusted to the e-commerce boom. Winners will adjust supply chains on the fly to deliver on time and keep promises to customers.  Cathy Roberson sinks into her couch when she sits down. The coils are shot, and its time to replace it. But these days, getting a new couch takes more than choosing a new design and pulling out a credit c...
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Wayfair blames supply chain snarls for order delays

This time of year, Chinas Lunar New Year celebration brings about a slowdown in manufacturing and supply chain movement that retailers didnt have an adequate chance to prepare for due to the turmoil of the last year and the existing difficulty in restocking.  Freight capacity is strapped on land, air, and sea, but for Wayfair, ocean freight is of particular concern since even in a pinch, furniture sellers are unlikely to go by air, due to the cost.  The nearly year-long cascade of disruption ...
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La-Z-Boy Incorporated (LZB) Q3 2021 Earnings Call Transcript

La-Z-Boy Incorporated (LZB) Q3 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. La-Z-Boy Incorporated (NYSE: LZB) Operator Good morning, ladies and gentlemen, and welcome to the La-Z-Boy Fiscal 2021 Third Quarter Conference Call. [Operator Instructions] It is now my pleasure to turn the floor over to your host Kathy Liebmann. Maam, the floor is yours. This article is a transcript of this conference call produced...
United States San Luis Rio Colorado Kurtl Darrow Anthonyc Lebiedzinski Kurt Darrow Melinda Whittington
Source: msn.com

Leadership change at La-Z-Boy, Darrow to retire as CEO

Comments Pictured left to right: Kurt Darrow, Melinda Whittington and Robert Lucian MONROE, Mich. - La-Z-Boy Inc. announced that Kurt L. Darrow will retire from his positions as president and CEO effective April 25, after more than 40 years of service at the residential furniture giant. He will remain chairman of the board of directors, in a non-executive capacity. Current CFO Melinda D. Whittington has been unanimously appointed by the board to serve as president and CEO. She was...
United States Kurtl Darrow Kurt Darrow Melinda Whittington W Alan Mccollough Melindad Whittington

La-Z-Boy Announces Kurt Darrow to Retire as CEO; Will Remain Chairman of the Board

Press release content from Globe Newswire. The AP news staff was not involved in its creation. La-Z-Boy Announces Kurt Darrow to Retire as CEO; Will Remain Chairman of the Board La-Z-Boy IncorporatedFebruary 16, 2021 GMT MONROE, Mich., Feb. 16, 2021 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today announced that Kurt L. Darrow will retire from his positions as President and Chief Executive Officer (“CEO”) on April 25, 2021, after more th...
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Source: apnews.com

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Longtime La-Z-Boy CEO Darrow to retire, CFO to take helm

By Reuters Staff 1 Min Read FILE PHOTO: The La-Z-Boy store in Westminster, Colorado is seen November 18, 2014. REUTERS/Rick Wilking (Reuters) - La-Z-Boy Inc said on Tuesday Chief Executive Kurt Darrow will retire in April and will be replaced by finance chief Melinda Whittington. Darrow, who has led the firm for 17 of his 40 years at the furniture maker, will remain its chairman in a non-executive role. Robert Lucian, vice president of finance at La-Z-Boy, will succeed Whittington as CFO, the ...
Kurt Darrow Melinda Whittington Arun Koyyur Uday Sampath Thomson Reuters Trust Principles Z Boy Inc

La-Z-Boy appoints Sundy chief commercial officer

Print Photo By LinkedIn website MONROE, Mich.— La-Z-Boy Inc. has appointed Robert Sundy as senior vice president and chief commercial officer, effective Jan. 27. Sundy will be responsible for all facets of sales, merchandising and marketing for the La-Z-Boy branded business in North America, and will report to Kurt Darrow, La-Z-Boy Inc. chairman, president and CEO. “We are thrilled to welcome Rob to the La-Z-Boy Leadership Team. He brings to the company more than 20 years of marketing and g...
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