Nisa Investment Advisors LLC Has $264,000 Stake in Steelcase Inc. (NYSE:SCS)

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30 April, 2023

Nisa Investment Advisors LLC boosted its stake in Steelcase Inc. (NYSE:SCS) by 1,466.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,387 shares of the business services provider’s stock after buying an additional 35,000 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Steelcase were worth $264,000 at the end of the most recent quarter.

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Teknion considering exporting from India to APAC & Europe soon

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29 April, 2023

Canada-based workplace interior firm Teknion might consider exporting from India to APAC and Europe in near future as it plans to open its first manufacturing facility for office furniture in the country in 2024, Patrick Forget, managing director, APAC & EMEA, told ET.

The company has a large facility in Malaysia that supports the APAC region and now plans to start manufacturing in India.

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Pacer Advisors Inc. Increases Holdings in La-Z-Boy by 28.8%: An Insight into the Company and its Market Performance

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29 April, 2023

On April 29, 2023, it was reported that Pacer Advisors Inc., an institutional investor, has increased its holdings in La-Z-Boy Incorporated by a staggering 28.8% during the fourth quarter of the previous year. The company now owns 265,569 shares of La-Z-Boy’s stock after purchasing an additional 59,404 shares within the period. This move has made Pacer Advisors Inc. own 0.62% of La-Z-Boy worth $6,060,000 as of their most recent filing with the Securities and Exchange Commission.

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How La-Z-Boy Stays Ahead of Changing Consumer Trends With Insights Ecosystem Investment

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28 April, 2023

Ninety-five-year-old furniture brand La-Z-Boy has been in the midst of a major overhaul since 2021, when the company launched its Century Vision approach for strategic growth. Among the many goals is building a robust consumer insights ecosystem by 2027 that will allow the company to quickly adapt to changing shopping behavior and trends, remaining relevant and timely with consumers.

To do so, the company first needed to establish a consumer insights division, tapping two experts to lead the charge: Megan Battig, senior consumer insights manager, and Jorge Calvachi, director of consumer insights. They created a growth learning plan, identifying a strategy to learn who the consumer is, what they want, and how they shop.

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IKEA announces $2.2 billion investment to reach more consumers in the U.S.

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27 April, 2023

Most consumers know IKEA for their giant stores, cafeteria snacks, and furniture that can be difficult to put together.

Now, the Swedish company will invest $2.2 billion into generating more business in the United States – the biggest investment since it started operating in the U.S. nearly 40 years ago. The goal of the investment is to make it easier for shoppers in the U.S. to get deliveries from IKEA, open more stores across the country, and offer home decor and goods at a price point that’s friendly for more customers.

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Kimball International (KBAL) Scheduled to Post Earnings on Thursday

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27 April, 2023

Kimball International (NASDAQ:KBAL ) will be issuing its quarterly earnings data after the market closes on Thursday, May 4th. Analysts expect the company to announce earnings of ($0.02) per share for the quarter. Kimball International has set its FY 2023 guidance at EPS.

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New York State Common Retirement Fund Has $2.40 Million Stake in MillerKnoll, Inc. (NASDAQ:MLKN)

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27 April, 2023

New York State Common Retirement Fund increased its stake in shares of MillerKnoll, Inc. (NASDAQ:MLKN) by 35.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 114,257 shares of the company’s stock after acquiring an additional 29,844 shares during the period. New York State Common Retirement Fund owned about 0.15% of MillerKnoll worth $2,401,000 as of its most recent SEC filing.

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Flexsteel Industries (NASDAQ:FLXS) Now Covered by StockNews.com

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27 April, 2023

StockNews.com began coverage on shares of Flexsteel Industries (NASDAQ:FLXS) in a report released on Thursday. The brokerage set a “buy” rating on the stock.

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Comerica Bank Trims Stake in La-Z-Boy Incorporated (NYSE:LZB)

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26 April, 2023

Comerica Bank cut its stake in shares of La-Z-Boy Incorporated (NYSE:LZB) by 22.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 26,113 shares of the company’s stock after selling 7,670 shares during the period. Comerica Bank owned approximately 0.06% of La-Z-Boy worth $695,000 as of its most recent SEC filing.

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Tony Brown remembered for Bisley success

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26 April, 2023

TONY Brown, the chairman and owner of home office and workplace furniture manufacturer Bisley, has died at the age of 86.

Bisley’s website paid tribute to Mr Brown as “a remarkable person of great integrity, who built the hugely successful manufacturing businesses on a foundation of hard work and investment, coupled with enormous respect and care for the some 1,000 people he ultimately employed