14 hrs ago
La-Z-Boy to cease U.S. furniture production
La-Z-Boy Inc. will stop producing furniture at its plant in Hudson in the second quarter of fiscal 2015, the company announced this week.
Trending on the Topix Network
Thu Apr 17, 2014
The Motley Fool
La-Z-Boy Incorporated Gets Busy Restructuring
Shares of the iconic recliner-maker have gained 43% over the past 12 months, easily topping the performance of the S&P 500.
Crain's Detroit Business
La-Z-Boy cuts 100 workers as it closes furniture plants
Monroe-based La-Z-Boy Inc. said it's firing about 100 workers as it closes plants in a restructuring.
Business briefs: Stocks closed higher for third day
Stocks closed higher for the third day in a row on Wednesday as investors welcomed a crop of solid company earnings and encouraging economic news from China and the U.S. The major stock indexes hit their highest level since April 9. Yahoo and Delta Air Lines posted some of the biggest gains.
Wed Apr 16, 2014
Wall Street Journal
La-Z-Boy Announces Restructuring
La-Z-Boy Inc. said Wednesday that it will stop domestic production of wood furniture and intends to sell its youth-furniture business.
La-Z-Boy to stop U.S. wood furniture production, sell youth furniture business
La-Z-Boy unveils plans to restructure its casegoods business , which represents ~10% of revenue, by transitioning to an all-import model for its wood furniture.
The Miami Herald
La-Z-Boy cutting 100 jobs in North Carolina
La-Z-Boy Inc. is closing two facilities and eliminating 100 jobs in North Carolina as part of a larger restructuring of its business.
Thu Apr 10, 2014
Wall Street Journal
Fashion Magnate Fred Segal Buys in Cabo
Also, Los Angeles house previously owned by David Schwimmer and director Breck Eisner goes on the market for $11.8 million; screenwriter Allan Loeb lists for $1.999 million Fred Segal, the retailer who helped launch brands like Kate Spade and Juicy Couture and made his eponymous Los Angeles stores a go-to destination for trend seekers, has a ... (more)
Fri Mar 21, 2014
Historic City News
Public access to meetings improved at City Hall
No need to hunt for a parking space or move from the comfort of your La-Z-Boy any more, now that the City of St Augustine has established a high-definition closed circuit broadcast arrangement for public meetings held in the Alcazar Room in City Hall that can be viewed by the public, without cost, over the Internet.
Consumer Discretionary Stocks Analysis -- Research on Select Comfort, ...
The gains were broad based with nine out of ten sectors ending the session in positive.