MONROE, Mich. -- La-Z-Boy Inc. said Tuesday that it plans to buy nine La-Z-Boy Furniture Galleries stores and a distribution center in Ohio from their current owners.

The company said the transaction was the result of the planned retirements of two owners.

The stores -- four in Cincinnati, three in Columbus, and two in Dayton -- had a combined revenue of about $30 million in 2011, the company said.

The stores will become part of La-Z-Boy's retail operation and bring the total of company-owned stores to 94.

First Published August 15, 2012, 4:15 a.m.