La-Z-Boy has relocated to a new distribution center in Arizona as part of its ongoing transformation aimed at enhancing its distribution network, a key element of the Century Vision initiative launched in 2022. By consolidating its operations from 15 large centers to three hubs, the company anticipates significant reductions in operational costs and improvements in inventory efficiency. While this redesign may initially impact margins, La-Z-Boy expects to achieve long-term growth and improved profitability, positioning itself for better consumer demand despite current market challenges.

Source: https://www.supplychaindive.com/news/la-z-boy-opens-first-of-three-distribution-hubs-multiyear-network-revamp/759181/