La-Z-Boy Incorporated Announces Sale of American Drew and Kincaid Wholesale Casegoods Businesses
La-Z-Boy Incorporated announced the sale of its American Drew and Kincaid wholesale casegoods businesses to Banner House, enabling the company to concentrate on its vertically integrated upholstery operations across North America. The transaction, expected to close in mid-May, is part of La-Z-Boy's portfolio optimization strategy to enhance overall…