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In 1927, cousins Edward M. Knabusch and Edwin J. Shoemaker partnered and invested in the furniture business in the town of Monroe, Michigan.
Things have really evolved since La-Z-Boy first introduced the recliner in 1928.
The men attended their first furniture show in May 1929 and returned with more orders than they could fill.
By May 1929, the La-Z-Boy had been patented and 13 had been made for a furniture show in Grand Rapids.
To protect their new invention the men incorporated in 1929 as the Floral City Furniture Company, abandoning the Kna-Shoe name because people mistook the company for a shoe manufacturer.
In 1929 the pair introduced their first upholstered recliner, thus establishing the template responsible for the company's enormous success in subsequent decades.
In 1933 the first floor of their factory was converted into a showroom.
Business was so successful that in 1935 the partners opened a new showroom.
Completed in June 1938, the new mechanism was so different from the original that all new patents were required.
The licensing agreements came to an end in 1939, and all manufacturing operations returned to Floral City Furniture.
In order to separate the manufacturing and retailing functions, the La-Z-Boy Chair Company was incorporated in May 1941.
At the war's end, the company reverted to civilian trade, and production of La-Z-Boy recliners began at the new building in 1947.
The platform rocker was introduced in 1951.
1952: The first La-Z-Boy recliner with built-in footrest is introduced.
In 1959 the company built a loveseat designed to look like a car seat.
Late in 1960, the partners introduced the Reclina-Rocker.
In order to keep up with increasing production and to help the company expand into the national market, La-Z-Boy opened its first factory outside of Michigan in Newton, Mississippi, in 1961.
In 1969, after years primarily as a manufacturer of recliners, La-Z-Boy started designing other products including reclining sofas, sleep sofas and modular groups.
1970: The company offers recliners with electric controls.
In March 1972, the company went public, and, in the first year, 600 people bought over 320,000 shares in over-the-counter trading.
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Company Name![]() ![]() | Founded Date![]() ![]() | Revenue![]() ![]() | Employee Size![]() ![]() | Job Openings![]() ![]() |
---|---|---|---|---|
Ethan Allen | 1932 | $791.4M | 3,369 | 184 |
Bassett Furniture Industries | 1902 | $390.1M | 2,618 | 40 |
ThomasvilleFurniture | - | $160.0M | 2,000 | - |
Slumberland Furniture | 1967 | $263.0M | 1,000 | 2 |
Kincaid Furniture | 1946 | $160.0M | 750 | - |
Flexsteel Industries | 1893 | $393.7M | 665 | 23 |
Ashley HomeStore | 1945 | $4.7B | 35,000 | 368 |
Norwalk Furniture | 1902 | $16.0M | 200 | - |
Havertys Furniture | 1885 | $1.0B | 3,425 | 184 |
Furnitureland South | 1969 | $226.0M | 700 | 29 |
Zippia gives an in-depth look into the details of La-Z-Boy, including salaries, political affiliations, employee data, and more, in order to inform job seekers about La-Z-Boy. The employee data is based on information from people who have self-reported their past or current employments at La-Z-Boy. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by La-Z-Boy. The data presented on this page does not represent the view of La-Z-Boy and its employees or that of Zippia.
La-Z-Boy may also be known as or be related to La Z Boy Inc., La-Z-Boy, La-Z-Boy Inc, La-Z-Boy Incorporated, La-Z-Boy, Inc. and La-z-boy.