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La-Z-Boy to re-start production
MONROE, Mich. – La-Z-Boy will begin resumption of production at several of its U.S. plants on Monday, operating at partial capacity for now.
La-Z-Boy had closed its manufacturing facilities and company-owned La-Z-Boy Furniture Galleries stores at the end of March in response to the COVID-19 pandemic.
Initial production will work through La-Z-Boy's existing backlog and produce goods to service expected demand. Additionally, over the past week, based on various applicable state guidelines, the company opened several retail locations across the U.S. on a reduced schedule and expects to open additional stores in the coming weeks. Regional distribution centers remain operational to deliver in-process orders.
“We are monitoring the COVID-19 situation daily, with the health, safety and well-being of our employees, customers and communities our highest priority,” said La-Z-Boy Chairman, President and CEO Kurt Darrow. “We are reviewing data from across the country, as well as the applicable federal, state and local requirements and guidelines where we do business.”
He said production will phase back in as backlogs are filled and more states allow stores to reopen for business.“Moving forward, we will operate the business as customer demand dictates and are hopeful that as more retailers re-open, we will be able to increase production accordingly and bring additional employees back to work,” Darrow said.
Darrow added the company is pleased with consumer response at several La-Z-Boy Furniture Galleries that reopened last week in a few markets under state and local guidelines.
“The stores are operating with strict health, safety and social distancing guidelines in place for the safety and comfort of our employees and customers,” he said. “We plan to continue to open stores over the next several weeks when it is deemed safe by various states to do so and state closure orders in the respective markets permit.”
The company continues to prioritize the health and safety of its employees and customers by building upon the health, sanitation, and safety practices it already had in place across all facilities, and is following guidelines from the Centers for Disease Control and Prevention and the World Health Organization.
La-Z-Boy remains focused on managing the business to preserve cash and to ensure the continued liquidity of the company.
source: Furniture Today
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