La-Z-Boy Advances Cost-Cutting Distribution Network Overhaul
La-Z-Boy is progressing with a multiyear distribution network revamp, aiming to consolidate 15 regional centers into three centralized hubs. The company expects this initiative to reduce warehouse square footage by 30% and heavy-furniture delivery mileage by 20%, potentially boosting margins in the long term.
Tickers: $LZB
Topics: consolidation cost_reduction logistics