La-Z-Boy Incorporated Completes Sale of American Drew and Kincaid Wholesale Casegoods Businesses
La-Z-Boy will keep selling casegoods through its retail channels as it narrows focus to its North American upholstery business.
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WJFW NewsWatch 12
La-Z-Boy Incorporated Completes Sale of American Drew and Kincaid Wholesale Casegoods Businesses
MONROE, Mich., June 1, 2026 /PRNewswire/ -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, completed the sale of its previously announced American Drew and Kincaid wholesale casegoods businesses to Banner House (formerly…
La-Z-Boy completes sale of American Drew, Kincaid to Banner House
MONROE, Mich. — La-Z-Boy Inc. announced that it has completed the sale of its American Drew and Kincaid wholesale case goods businesses to Banner House (formerly Magnussen Home Furnishings, Inc.), a multi-branded portfolio of home furniture. In addition to American Drew and Kincaid, Banner House owns the Magnussen, Pulaski and SLF furniture brands. La-Z-Boy said this development will allow it to focus on its core, vertically integrated North Ame…
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