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Hartford-based De Clercq Office Group, a commercial furniture company, has been acquired by a Boston firm in the same industry, the companies announced this month. Creative Office Resources, a Boston-based commercial furniture dealer, closed on an acquisition of De Clercq Office Group on April 4. Prior to the acquisition, both companies were considered two of […]
On April 9, 2023, financial markets buzzed with news of Louisiana State Employees Retirement System’s decision to increase their holdings in MillerKnoll, Inc. by a staggering 77.7%. As per the company’s SEC filing, the fund had acquired an additional 15,700 shares during Q4 2022, bringing their total stake to 35,900 shares worth approximately $754,000.
GURUGRAM, India, April 5, 2023 /PRNewswire/ — Teknion Corporation is set to unveil its latest collaboration hub in the bustling business district of Gurugram on April 6 and 7, 2023. The 6000 sq. ft. hub is set to house a family of brands: Teknion, Studio TK, and Luum Textiles, with an aim to provide visitors […]
It is with great sadness that Bisley announces the passing of its Chairman and owner Anthony ‘Tony’ Brown, aged 86, on 4 April. Tony began working at Bisley in 1960 and acquired the company from his father in 1970. At the time, the business had 45 staff members and annual sales of £370,000 ($400,000). Today, […]
High-end furniture designer and maker Cassina, part of Haworth Lifestyle Design, has reached an agreement to acquire Zanotta, an historic, high-end Italian furniture designer and maker. Cassina will coordinate Zanotta’s activities and future development plan.
SAN FRANCISCO – As tech companies continue to layoff tens of thousands of workers and downsize their office space, there’s a glut of office furniture left behind. Reseat.com, an office furniture reselling business based in San Jose, is helping companies find an environmentally-friendly solution. A San Francisco company just gave Reseat founder Brandi Susewitz dozens […]
Maryland State Retirement & Pension System has recently acquired a new stake in La-Z-Boy Incorporated, as reported by its most recent filing with the Securities and Exchange Commission. The purchase amounted to 17,940 shares at approximately $409,000. This move solidifies Maryland State Retirement & Pension System’s position in a company that engages in the production […]
MillerKnoll, Inc. (NASDAQ: MLKN), a leading manufacturer of household and office furniture, has recently seen a minor change in the number of shares owned by Bank of New York Mellon Corp. The financial institution trimmed its position by 5.2% during the third quarter, selling over 57 thousand shares on the market according to its latest […]
SHEBOYGAN, Wis. – Office furniture giant MillerKnoll will permanently close its manufacturing facility in Sheboygan, Wis., laying off 162 employees. According to a Worker Adjustment and Retraining Notification (WARN) Act notice filed at the end of March, the company will phase out all operations at the plant over the coming months. By Sept. 29, the plant will […]
MONROE, Mich. — La-Z-Boy Inc. is realigning its executive team in conjunction with several upcoming retirements. As of April 17, Rebecca Reeder will be president, Retail La-Z-Boy Furniture Galleries. In this role, Reeder will have executive oversight and P&L responsibility for the company’s retail segment, which includes 168 of the 346 La-Z-Boy Furniture Galleries stores. She will assume responsibility […]
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