JASPER, Ind., March 30, 2021 (GLOBE NEWSWIRE) — Kimball International, Inc. (NASDAQ: KBAL) today announced the Company has appointed Valerie R. Love as an independent member of its Board of Directors, effective April 1, 2021. Ms. Love will also serve on the Compensation and Governance Committee and stand for election at the Company’s 2021 annual meeting of shareholders.
ORCHARD LAKE, Mich. — Robert “Bob” Berman, principal of Furniture Factory Liquidators in Livonia, Mich., died March 26. He was 65.
Berman was the son of Jimmy and Bernice Berman. He graduated from West Bloomfield High School in 1973 and from Western Michigan University in 1976.
A group of former Flexsteel Industries employees is suing the company, alleging it used the pandemic to collect millions in federal aid while newly installed executives enriched themselves and denied severance pay to hundreds of laid-off, long-term workers.
The six plaintiffs, including three that worked in Dubuque, seek class-action status for their lawsuit, filed recently in federal court. They claim the Dubuque-headquartered company has violated the Iowa Wage Payment Collection Act, as well as the federal Worker Adjustment and Retraining Notification Act of 1988 and Employee Retirement Income Security Act of 1974.
CHICAGO — Home furnishings design company Herman Miller has opened a new five-story standalone location in Chicago’s Fulton Market that brings its family of eight brands together under one roof in a new retail, showroom and exhibition space.
The company’s wholesale segment decreased to $350.7 million from $364.8 million. Its retail segment sales were $165.9 million from $167.4 million.
HOLLAND — Year-end results and a new partnership have been announced at Holland-based Haworth.
In early March, a joint statement announced a strategic partnership between Haworth, the world’s third-largest office furniture supplier and a major Holland employer, and Danish furniture design brand BoConcept.
Pent up demand and a more permanent shift in working habits following COVID-19 is due to drive the home office market in 2021, despite a decline in demand last year.
According to AMA Research, COVID-19 has had a serious impact on the home office furniture market in 2020. Despite a move to homeworking, demand for home office furniture is expected to have declined by 8% in 2020; however this can be contrasted with the 17% fall in the total office furniture market.
Administrators have begun flogging Arcadia’s assets, including sewing machines and Sir Philip Green’s office furniture, following the collapse of his retail empire.
Deloitte has appointed Hilco Global to sell the former Topshop owner’s London headquarters in a dramatic fall from high street royalty to the auction house.
HOLLAND — While furniture maker Haworth Inc. absorbed an expected hit to sales in 2020 because of the COVID-19 pandemic, the company cited its diversification as a way of easing the blow.
The Holland-based privately held and family-owned company recently released figures for global sales in 2020. Haworthfinished the pandemic-consumed year with $1.81 billion in sales, which was a sharp 19 percent decrease from 2019 totals.
You could call it consultative selling without the selling.
Mid-City Office Furniture spent most of 2020 fielding an abundant number of inquiries about office equipment, but much of those had to do with shrinking office space, installing protective equipment or dealing with furniture rapidly deteriorating from caustic and frequent scrubbing.
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