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Lack's Stores, Inc., a Texas corporation, was founded in 1938 by David & Rebecca Lack, and is one of the largest, independently-owned retail furniture chains in the United States. Lacks is a chain of 39 retail stores and operates under the trade styles Lacks and Lacks Home Furnishings. The Company sells a complete line of furnishings for the home including furniture, bedding, major appliances and home electronics. The stores are located in South, Central, and West Texas and one store in Oklahoma. The nucleus of the current Company was formed on February 28, 1938, when the Lacks opened a small auto supply store in Beeville, Texas. Because of the chronic shortage of cars and new auto parts during World War II, the company diversified into furniture in an attempt to maintain sales volume. Furniture did well, and so became a growing segment of Lacks total business. In 1952, by which time the Company had expanded to five retail stores, Lacks made a commitment to become a furniture and appliance chain. It continued to carry auto supplies, tires and other hardware items at all locations, but the merchandising emphasis switched to home furnishings. The original automotive and hardware merchandise was eventually phased out in the 1970's. Today, Lacks operates 39 retail home furnishings stores in 29 cities. These stores are supported by two major distribution centers and a service center. According to recent surveys by Furniture/Today, an industry newspaper, Lacks sales volume places it among the top furniture retailers in the country. |
