Lozier Corporation Market Research Report

Background

Company Overview

Lozier Corporation, established in 1956 and headquartered in Omaha, Nebraska, is a leading manufacturer of products used by retailers in stores and warehouses. The company specializes in shelving, storage systems, freestanding displays, and accessories, serving a diverse clientele across various retail sectors.

Mission and Vision

Mission: To be operationally excellent in support of retailers' present and future needs.

Vision: To be operationally excellent in support of retail’s present and future.

Core Values

Lozier's core values reflect its commitment to ethical business practices, employee well-being, and customer satisfaction:

People Matter: Valuing and listening to employees, treating each other with respect and kindness.

Work as a Team: Collaborating towards common goals without silos or egos.

Excellence: Aspiring for the highest standards in safety, service, quality, and product design.

Customer Committed: Evolving with retailers' needs and consistently delivering reliable solutions.

Innovation: Striving for better solutions and embracing learning from mistakes.

Accountability: Taking ownership of results, not just tasks.

Key Strategic Focus

Core Objectives and Specialization

Lozier focuses on manufacturing high-quality retail fixtures and storage solutions, aiming to support retailers' evolving needs through innovative and reliable products.

Key Technologies Utilized

The company employs advanced manufacturing techniques and integrates modern technologies to enhance product functionality and durability.

Primary Markets Targeted

Lozier serves a broad spectrum of retail sectors, including automotive parts, mass retailers, office supplies, pet stores, hardware, sporting goods, and drugstores.

Financials and Funding

Revenue and Employee Data

Annual Revenue: Estimated between $613 million and $750 million.

Employees: Approximately 2,210 employees across all locations.

Funding History

Specific funding details are not publicly disclosed.

Pipeline Development

As a manufacturer of retail fixtures and storage solutions, Lozier's product development focuses on enhancing existing offerings and introducing innovative solutions to meet the dynamic needs of the retail industry.

Technological Platform and Innovation

Proprietary Technologies

Lozier integrates proprietary manufacturing processes to ensure product quality and durability.

Significant Scientific Methods

The company employs advanced engineering and design methodologies to develop efficient and adaptable retail solutions.

Leadership Team

Key Executives

Andy Lozier: President.

Jan Muller: Branch Manager at the Scottsboro, Alabama facility.

Leadership Changes

No recent significant leadership changes have been publicly disclosed.

Competitor Profile

Market Insights and Dynamics

The retail fixture manufacturing industry is competitive, with several key players offering a range of products and services.

Competitor Analysis

Lozier's primary competitors include:

Premier Store Fixtures: Specializes in custom retail fixtures with a focus on design and innovation.

VIRA Insight: Offers comprehensive retail solutions, including design, manufacturing, and installation services.

idX Corporation: Provides global retail solutions with a focus on custom fixtures and displays.

Strategic Collaborations and Partnerships

CASI Partnership

Lozier has partnered with Cornerstone Automation Systems, LLC (CASI) to enhance retail automation solutions, combining resources to form a significant team effort in this area.

Certified Providers

The company collaborates with several certified providers to ensure customers have access to fixtures that best fit their needs.

Operational Insights

Manufacturing Facilities

Lozier operates manufacturing facilities in multiple states, including Nebraska, Alabama, Missouri, and Pennsylvania, encompassing over 2.41 million square feet of manufacturing and warehouse space.

Community Engagement

The company is committed to community support through philanthropic efforts and employee-led initiatives, such as the Lozier Community Grants program.

Strategic Opportunities and Future Directions

Lozier aims to expand into new markets and develop innovative fixture solutions, including backroom automated systems and store solutions that utilize modern technologies to enhance the shopping experience.