Entries by jsa

Steelcase Relocates Chicago Showroom to Fulton Market, Leaving Merchandise Mart After 50 Years

High-end furniture company Steelcase is embarking on a significant transition, relocating its Chicago showroom to the Fulton Market District after more than five decades at the Merchandise Mart. This move underscores a growing trend among furniture and design firms choosing the vibrant Fulton Market over traditional locales. Steelcase’s forthcoming move into a space formerly occupied by MillerKnoll […]

Thanks to Kimball acquisition, HNI sees major sales gains in fourth quarter

MUSCATINE, Iowa – Office and contract furniture giant HNI reported $679.8 million in fourth quarter consolidated net sales, a gain of 19% from last year, largely thanks to its acquisition of Kimball last year. Not counting the acquisition, organic sales fell 6.4%. Earnings per share rose 23% from last year, while operating margin expanded 410 basis […]

MillerKnoll plans to set up more showrooms in key Indian cities: Report

US-based furniture major MillerKnoll has set up its first retail outlet in the city, the sixth such facility in the country, through its authorised dealer Buildcraft Interior, the company said. MillerKnoll has drawn up plans to open additional showrooms in key cities across India, Managing Director for Asia Pacific, Middle East, and African regions, Kartik […]

Herman Miller digs into design history with modular sofa posters

ZEELAND, Mich. — Herman Miller is giving a nod to its history of modular furniture design with two posters from its back catalog of advertising prints. The prints are each taken from a company catalog featuring 44 black-and-white posters created by Herman Miller’s graphic design team. Known as the “The Big Book,” the company’s salespeople used the […]

HNI Corporation Reports Earnings for Fourth Quarter and Fiscal Year 2023

MUSCATINE, Iowa, February 22, 2024–(BUSINESS WIRE)–HNI Corporation (NYSE: HNI) today announced sales of $2.434 billion and net income of $49.2 million for the full year ended December 30, 2023. GAAP net income per diluted share was $1.09, compared to $2.94 in the prior year. Non-GAAP net income per diluted share was $2.65, compared to $2.20 in […]

Steelcase among the top 5% of firms in latest climate disclosure

GRAND RAPIDS, Mich. — Office and contract furniture giant Steelcase has received high marks for its sustainability efforts from the world’s leading environmental disclosure platform. The organization earned a top score of A- from CDP, previously known as the Climate Disclosure Project, for its commitment to environmental strategy and action. Steelcase is the only firm in its industry […]

Haworth continues growth streak amid office uncertainty: ‘Change is good for us’

Higher revenues in 2023 extended Haworth Inc.’s growth streak to four straight years following a steep industry decline in the first year of the COVID-19 pandemic.  The Holland-based Haworth today reported $2.57 billion in sales for 2023, a 3% increase over 2022. The results for last year also raised Haworth to 16% sales growth since […]