Entries by jsa

Herman Miller Named to Fast Company’s Annual List of the World’s Most Innovative Companies for 2021

(MENAFN – Mid-East.Info) Luxury Furniture Maker among top-ranked in the Gaming Category UAE: Herman Miller (NASDAQ:MLHR) has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies (MIC) for 2021. The list honors businesses that have not only found a way to be resilient in the past year, but also turned […]

Furniture retailer Bob Berman dies at 65

ORCHARD LAKE, Mich. — Robert “Bob” Berman, principal of Furniture Factory Liquidators in Livonia, Mich., died March 26. He was 65. Berman was the son of Jimmy and Bernice Berman. He graduated from West Bloomfield High School in 1973 and from Western Michigan University in 1976.

Former workers sue Flexsteel, claim denied severance pay

A group of former Flexsteel Industries employees is suing the company, alleging it used the pandemic to collect millions in federal aid while newly installed executives enriched themselves and denied severance pay to hundreds of laid-off, long-term workers. The six plaintiffs, including three that worked in Dubuque, seek class-action status for their lawsuit, filed recently […]

Furniture sales still down at La-Z-Boy, but recovery is likely

Residential furniture giant La-Z-Boy reported third-quarter sales of $470.1 million, a 1.2 percent decline over the same period last year. The company’s net income for the quarter fell to $29.2 million from $34.5 million. The company’s wholesale segment decreased to $350.7 million from $364.8 million. Its retail segment sales were $165.9 million from $167.4 million.

Sir Philip Green’s office furniture up for sale as administrators flog Arcadia assets after collapse

Administrators have begun flogging Arcadia’s assets, including sewing machines and Sir Philip Green’s office furniture, following the collapse of his retail empire. Deloitte has appointed Hilco Global to sell the former Topshop owner’s London headquarters in a dramatic fall from high street royalty to the auction house.