‘It’s an easy win’: environmentally-friendly Lancashire recycling business facilitating the green office of the future

30 December, 2022

Garstang-based Coggin Sustainable Office Solutions is a family business which diverts office furniture away from landfill by either repairing damaged items to resell them or by recycling materials such as wood, metal, plastic, and foam from unsalvageable items. In their own small way, they are contributing to the good fight.






La-Z-Boy’s Return on Invested Capital Overview

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HNI Corporation (NYSE:HNI) is a favorite amongst institutional investors who own 77%

29 December, 2022

A look at the shareholders of HNI Corporation (NYSE:HNI) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are institutions with 77% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).




MillerKnoll : Herman Miller Named a Frontrunner and Disclosure Leader in Chemical Transparency

28 December, 2022

Herman Miller, a member of MillerKnoll’s collective of brands, was named a Frontrunner and Disclosure Leader in the Chemical Footprint Project (CFP), by Clean Production Action in December 2022 for its work in 2021. The CFP is the first-of-its-kind initiative to measure chemical footprints and assess business progress away from hazardous chemicals to safer solutions.







Financially strapped Inscape furniture sells majority of shares for just $88,000

28 December, 2022

HOLLAND LANDING, Ontario – Canadian office furniture manufacturer Inscape has succeeded in its bid to be taken over by HUK 121, a subsidiary of British private investment firm Hilco Capital. Inscape is now a subsidiary of HUK.

On Dec. 23, 12.6 million common shares – roughly 88% of the company’s outstanding common shares – were deposited to HUK. The aggregate consideration payable for those shares was just $88,631. Remaining shareholders have until Jan. 3 to tender their stock for 7 cents per share.








See what Flexsteel has in store for 2023

16 December, 2022

DUBUQUE, Iowa — Flexsteel Inds. is ready for 2023’s challenges with a broad spectrum of new introductions and a focus on logistics and product delivery for retail customers.

Furniture Today spoke with David Crimmins, Flexsteel’s vice president, sales, about the company’s plans for 2023 and what these will translate to for retailers.





Kimball International HQ earns key designation

22 December, 2022

JASPER, Ind. – Kimball International Inc. (Nasdaq: KBAL) this week announced its corporate headquarters in Jasper has earned the WELL Certified Platinum designation. The WELL certification is given to buildings and organizations that seek to enhance human health and well-being.





MillerKnoll, Steelcase expect flat to lower sales this quarter as order rates soften

22 December, 2022

MillerKnoll Inc. and Steelcase Inc. both expect flat to lower sales for the present quarter going into 2023 amid softer order rates.

The Zeeland-based MillerKnoll (Nasdaq: MLKN) expects organic sales for the second quarter of the 2023 fiscal year to decrease 0.7 percent to 2.9 percent from the same period a year ago, to $980 million to $1.02 billion.

MillerKnoll on Wednesday reported $1.06 billion in sales for the quarter that ended Dec. 6, a 4-percent increase from a year earlier. The corporation recorded $16 million in net income, or 21 cents per diluted share.




Kimball International announces WELL certified™ platinum for corporate headquarters

21 December, 2022

JASPER — Kimball International announces that its corporate headquarters in Jasper, Indiana, has earned WELL Certified™ Platinum through the International WELL Building Institute (IWBI). Earlier this year, Kimball International was one of the first furniture manufacturers to have multiple corporate showrooms obtain the WELL Health-Safety Rating. This next designation marks an important achievement and visible commitment to supporting the health and well-being of their staff, visitors, and stakeholders, as well as the broader community.





Regional growth attracts interior solutions firm to acquire Fargo-based office furniture dealer

21 December, 2022

MINNEAPOLISDec. 21, 2022 /PRNewswire/ — Fluid, a Minneapolis-based interior solutions company, today announced the acquisition of Fargo, N.D.-based Christiansons, a full-service office furniture dealer and service provider.