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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 […]
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 […]
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 […]
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 […]
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.
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 […]
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 […]
Comerica Bank has announced a 22.7% reduction in its stake in shares of La-Z-Boy Incorporated (NYSE:LZB). The holding was cut to 26,113 shares from the initial purchase of 33,783. The move was made during the fourth quarter of the company, which ended on December 31st, 2020, and was detailed in its latest filing with the […]
ZEELAND — In the wake of controversy at MillerKnoll, a new study shows Americans “want brands to fess up when they’ve messed up.” The study comes from Attest, a consumer research platform based in London and New York. The total sample size included 2,000 working-age consumers in the U.S. The survey concluded February 15.
Brant Basics is growing! Brant is working with the owners of TCB Office Furniture and Supplies to look after their Peterborough clients. Katrina Favron from TCB has joined the Brant team. TCB closed its Peterborough store in March after 12 years of doing business locally.
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