La-Z-Boy appoints Stitch Fix CEO to board of directors
MONROE, Mich. — La-Z-Boy is appointing Matt Baer to its board of directors, effective Jan. 1, 2025. The move expands the board to 11 members.
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La-Z-Boy streamlines supply chain with Mexico consolidation
Thursday, 12 September, 2024 /0 Comments/in home news, Uncategorized /by jsaThe focus on plant efficiencies in Mexico is part of La-Z-Boy’s larger strategy to build a more dynamic supply chain, according to Whittington. She added that the furniture maker considers its North American manufacturing footprint as a “key differentiator” for production.
MillerKnoll Announces New Global Hubs in New York and London
Thursday, 12 September, 2024 /0 Comments/in home news, Uncategorized /by jsaZEELAND, Mich., Sept. 12, 2024 /PRNewswire/ — MillerKnoll, a global leader in design, is opening two new flagship locations in London and New York this month. Including contract showrooms and stores from across the company’s collective of brands, these spaces build upon the MillerKnoll strategy of creating world-class design destinations globally. This approach provides our employees with inspiring workplaces […]
Flexsteel Industries, Inc. Announces Double-Digit Increase to Quarterly Dividend
Tuesday, 10 September, 2024 /0 Comments/in home news, Uncategorized /by jsaDUBUQUE, Iowa–Flexsteel Industries, Inc. (NASDAQ:FLXS), announced its Board of Directors declared an increased quarterly dividend of $0.17 per share, payable October 7, 2024, to shareholders of record as of September 25, 2024. The $0.17 per share quarterly dividend is an increase of over 13% from the previous quarterly dividend.
MillerKnoll announces new head of former Knoll division and longtime subsidiary
Tuesday, 10 September, 2024 /0 Comments/in home news, Uncategorized /by jsaZEELAND, Mich. – MillerKnoll has promoted R.J. Stelter as its new senior vice president and general manager of its Geiger and DatesWeiser brands. Stelter will lead all areas and functions of the business and develop growth strategy to drive profitability for both brands.
La-Z-Boy director Janet Kerr sells shares worth over $159k
Friday, 6 September, 2024 /0 Comments/in home news, Uncategorized /by jsaLa-Z-Boy Inc. (NYSE:LZB) director Janet Kerr recently sold a total of 3,890 common shares of the company, resulting in a transaction value exceeding $159,000. The sale took place on September 5, as per the latest filing with the Securities and Exchange Commission.
La-Z-Boy Foundation $150k donation helps Neosho Freeman Family YMCA with project goal
Wednesday, 28 August, 2024 /0 Comments/in home news, Uncategorized /by jsaNEOSHO, Mo. — A big-time fundraising goal has been reached in Neosho — and Tuesday it got some big-time help getting there. Representatives from the La-Z-Boy Foundation presented a check for $150,000 to the Neosho Freeman Family YMCA. This contribution enabled the organization to meet its $255,000 overall goal for the Create a Moment Project. […]
Sales rise at La-Z-Boy in Q1, with gains in wholesale but declines in retail
Wednesday, 21 August, 2024 /0 Comments/in home news, Uncategorized /by jsaMONROE, Mich. — La-Z-Boy reported $496 million in first quarter sales, a 3% increase over last year but a $58 million drop from last quarter. Net income was $26.2 million, compared with $27.5 million last year. The company was proud of its performance, particularly in wholesale.
Kimball International’s Los Angeles Showroom Earns WELL Certified Platinum Distinction
Tuesday, 20 August, 2024 /0 Comments/in home news, Uncategorized /by jsaKimball International recently announced that their Los Angeles showroom has been awarded WELL Certification at the Platinum level by the International WELL Building Institute (IWBI). WELL Platinum is the highest pinnacle of health achievement, and this certification helps organizations collect employee feedback and monitor ongoing building performance. This designation marks an important achievement and visible commitment to supporting […]
Flexsteel continues to buck industry trend, reports more sales growth in Q4
Tuesday, 20 August, 2024 /0 Comments/in home news, Uncategorized /by jsaDUBUQUE, Iowa – Furniture manufacturer and importer Flexsteel reported $110.8 million in fourth quarter net sales, a 4.7% increase from last year. Flexsteel has now reported year-over-year and sequential increases in the past three quarters. For full fiscal 2024, the company reported $412.8 million in sales, a 4.8% increase over 2023.
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