Furniture

Rooms To Go Corporate Office

Rooms To Go was founded in 1991 but the company’s roots go back to the 1933 founding of Seaman’s Furniture by Julius Seaman.

Seaman opened one store and increased sales to $150,000 in sales before opening his second store in 1955. By 1971 there were seven Seaman’s stores.

In 1988 Seaman’s was taken over by Kohlberg Kravis Roberts & Co. for $350 million in a buyout.

In 1990 the Seaman family opened the first Rooms To Go in Orlando, Florida.

Rooms To Go markets package deals to brand-conscious, time-pressed customers. The company offers low-to-medium priced furniture and accessories with discounts going to those willing to buy a roomful at a time.

Cindy Crawford has been a spokesperson for the company for the past 10 years, as well as Sofia Vergara, who has been partnered with the company since 2013.

In 2016, the company began offering collections by Eric Church, called “Highway to Home.”

In February 2020, the company issued a recall for its Patmo Lawn Chairs, after it was revealed that the paint on the metal portion of the chairs has more lead in the paint than allowed by law.

In November 2020, the company purchased a former Toys R Us building in Jacksonville, Florida, for $10 million.

As of 2016, the company has 132 locations, approximately 7,000 employees, and annual revenue in the same year of $2.2 billion. Headquarters are located in Seffner, Florida.

Rooms To Go

Rooms To Go was founded in 1991 but the company’s roots go back to the 1933 founding of Seaman’s Furniture by Julius Seaman.

Seaman opened one store and increased sales to $150,000 in sales before opening his second store in 1955. By 1971 there were seven Seaman’s stores.

History

In 1988 Seaman’s was taken over by Kohlberg Kravis Roberts & Co. for $350 million in a buyout.

In 1990 the Seaman family opened the first Rooms To Go in Orlando, Florida.

Cindy Crawford has been a spokesperson for the company for the past 10 years, as well as Sofia Vergara, who has been partnered with the company since 2013.

In 2016, the company began offering collections by Eric Church, called “Highway to Home.”

In February 2020, the company issued a recall for its Patmo Lawn Chairs, after it was revealed that the paint on the metal portion of the chairs has more lead in the paint than allowed by law.

In November 2020, the company purchased a former Toys R Us building in Jacksonville, Florida, for $10 million.

As of 2016, the company has 132 locations, approximately 7,000 employees, and annual revenue in the same year of $2.2 billion. Headquarters are located in Seffner, Florida.

Lifetime Products Corporate Office

Lifetime Products manufactures polyethylene folding chairs, tables, picnic tables, and home basketball equipment. The company also manufactures large consumer products including sheds, trailers, kayaks, paddleboards, and lawn and garden items.

Lifetime Products was founded when Barry Mower made a sturdy basketball pole for himself and began selling them through a classified ad. Soon after, he opened a small sporting-goods store which he named Lifetime Products in 1986. The name means products that are built to last a lifetime.

In 1995 the company invented the first blow-molded picnic table in 1995. More blow-molded items followed.

In 2010 Lifetime Products acquired Dragonfly Innovation Corp, a producer of blow-molded kayaks. The kayaks are popular because they are designed not to flip over.

Today the company has the largest single-point blow molded plastics facility in North America. The company’s products are available in more than 70 countries worldwide. In the United States products are available in Sports Authority, Dick’s Sporting Goods, Modell’s, Wal-Mart, Sam’s Club, Costco, BJ’s, Home Depot, Lowe’s and more.

Lifetime Products

In 1995 the company invented the first blow-molded picnic table in 1995. More blow-molded items followed.

History

In 2010 Lifetime Products acquired Dragonfly Innovation Corp, a producer of blow-molded kayaks. The kayaks are popular because they are designed not to flip over.

Pier 1 Imports Corporate Office

Pier 1 Imports’ first store opened in San Mateo, California in 1962. The new store catered to “hippy baby boomers” and featured love beads and incense.

Four years later, Pier 1 had grown to 16 locations.

Pier 1 first went public on the American Stock Exchange in 1960 and later joined the New York Stock Exchange in 1972. That year Pier 1 had 123 stores and had expanded internationally to Australia and Europe.

Today Pier 1 has more than 1,000 stores under the name Pier 1 Imports in United States, Canada and Mexico. The stores sell imported decorative home furnishings, decorative accents, seasonal items, and gifts. Pier 1 sells more then 6,000 items imported from more than 50 countries.

Pier 1 is publicly traded on the New York Stock Exchange under the symbol PIR, has 3,700 employees, and had $1.81 billion in revenue in 2013.

In February 2020, the company announced that it was closing up to 450 locations.

Pier One filed for bankruptcy earlier in February and is trying to find a buyer or consolidate their debt.

In April 2020, the company received an offer to purchase the corporation, but it would need to close nearly 800 locations. It is unknown at this time if the company has accepted the offer.

Pier One maintains their corporate office in Fort Worth, Texas.

Pier 1 Imports

Pier 1 Imports’ first store opened in San Mateo, California in 1962. The new store catered to “hippy baby boomers” and featured love beads and incense.

Four years later, Pier 1 had grown to 16 locations.

History

Pier 1 is publicly traded on the New York Stock Exchange under the symbol PIR, has 3,700 employees, and had $1.81 billion in revenue in 2013.

In February 2020, the company announced that it was closing up to 450 locations.

Pier One filed for bankruptcy earlier in February and is trying to find a buyer or consolidate their debt.

In April 2020, the company received an offer to purchase the corporation, but it would need to close nearly 800 locations. It is unknown at this time if the company has accepted the offer.

Pier One maintains their corporate office in Fort Worth, Texas.

Ashley Furniture Corporate Office

Ashley Furniture is a furniture manufacturing and retailer.

Founded by Carlyle Weinberger in Chicago in 1945, the company’s specialty was wooden furniture made by local companies, which was resold to larger furniture stores.

In 1970 Ashley invested in Arcadia Furniture, a Wisconsin-based furniture manufacturer founded and operated by Ronald Wanek.

Wanek and a group of investors bought out Weinberger and took over Ashley Furniture. The two companies maintained their separate identities: Arcadia on production and Ashley on sales.

In 1982 the merged company’s annual sales were $12 million.

By the late 1990’s the company was operating assembly and distribution plants in Washington, California, New Jersey, and Florida.

In 2016, annual company revenue reached $3.85 billion.

The Ashley Furniture Homestore chain is composed of both corporate-owned stores and independently owned stores with licenses to sell Ashley Furniture products exclusively. The chain is popular with young persons and newly married couples, mostly due to liberal credit policies with Synchrony Bank.

Today Ashley Furniture manufactures and distributes home furniture throughout the world. The company maintains plants across the United States and also operates several factories (including its largest) in Pacific Rim countries such as Vietnam and China. In addition to those, they also have a sourcing office in India, Vietnam, Southern China, Muar, the furniture hub of Malaysia and Taiwan.

Ashley Furniture

Ashley Furniture is a furniture manufacturing and retailer.

History

Founded by Carlyle Weinberger in Chicago in 1945, the company’s specialty was wooden furniture made by local companies, which was resold to larger furniture stores.

In 1970 Ashley invested in Arcadia Furniture, a Wisconsin-based furniture manufacturer founded and operated by Ronald Wanek.

Wanek and a group of investors bought out Weinberger and took over Ashley Furniture. The two companies maintained their separate identities: Arcadia on production and Ashley on sales.

In 1982 the merged company’s annual sales were $12 million.

By the late 1990’s the company was operating assembly and distribution plants in Washington, California, New Jersey, and Florida.

In 2016, annual company revenue reached $3.85 billion.

La-Z-Boy Corporate Office

La-Z-Boy was founded by in 1928 cousins Edward M. Knabusch and Edwin J. Shoemaker when they partnered in and invested in a furniture business in Monroe, Michigan.

They set out to design a chair that was “nature’s way of relaxing,” which resulted in them making a reclining wood-slat porch chair and upholstering it. The chair was a huge success.

The company primarily manufactured recliners until 1969, when it branched out to include sofas, sleep sofas, and modular groups.

In 1983 La-Z-Boy began offering a full line of home furnishings.

Today La-Z-Boy is a publicly traded company, trading on the New York Stock Exchange under the symbol LZB. La-Z-Boy sells its products through 220 independent La-Z-Boy Furniture Galleries and 550 Comfort Studios.

In 2016, Forbes listed the company as one of America’s Most Trusted Companies. They also made the list in 2012 and 2013.

Darrell Edwards, longtime COO for La Z Boy retired in March 2022. He was replaced by Mike Leggett.

The company announced a 22 percent increase in sales during the first quarter of 2022.

La-Z-Boy is part of the S&P 600, has 9,500 full-time employees, and had $1.70 billion in revenue in 2020.

La-Z-Boy maintains a corporate office in Monroe, Michigan.

La-Z-Boy

La-Z-Boy was founded by in 1928 cousins Edward M. Knabusch and Edwin J. Shoemaker when they partnered in and invested in a furniture business in Monroe, Michigan.

They set out to design a chair that was “nature’s way of relaxing,” which resulted in them making a reclining wood-slat porch chair and upholstering it. The chair was a huge success.

History

The company primarily manufactured recliners until 1969, when it branched out to include sofas, sleep sofas, and modular groups.

In 1983 La-Z-Boy began offering a full line of home furnishings.

In 2016, Forbes listed the company as one of America’s Most Trusted Companies. They also made the list in 2012 and 2013.

Darrell Edwards, longtime COO for La Z Boy retired in March 2022. He was replaced by Mike Leggett.

The company announced a 22 percent increase in sales during the first quarter of 2022.

La-Z-Boy is part of the S&P 600, has 9,500 full-time employees, and had $1.70 billion in revenue in 2020.

La-Z-Boy maintains a corporate office in Monroe, Michigan.