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After achieving carbon neutrality across its operations, Steelcase is now targeting new goals to be carbon negative by 2030. Motivated by the urgency of climate change, Steelcase expanded upon its existing renewable energy commitments with the purchase of carbon offsets. In 2020, Steelcase achieved a reduction of more than 30 per cent in greenhouse gas emissions over the previous ten years. While […]
La-Z-Boy Inc.’s finance chief is preparing to take the furniture maker’s helm as the company confronts a surge in demand and faces longer-term questions on how it will continue growing after the pandemic home-improvement craze ends. The Monroe, Mich.-based company, known for its recliners, this week named Melinda Whittington its chief executive officer, succeeding longtime CEO Kurt […]
MONROE, Mich. – La-Z-Boy’s recently announced fiscal third-quarter results again painted a picture of the opportunities and challenges facing the furniture industry as a whole. In a conference call with analysts and a follow-up interview with Furniture Today, outgoing CEO Kurt Darrow and his successor, current CFO Melinda Whittington, outlined how La-Z-Boy is addressing the positives and […]
MONROE, Mich., Feb. 18, 2021 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today announced that Raphael Richmond, Senior Director of Corporate Compliance and Employment Law, will succeed Stephen K. Krull as Vice President and General Counsel, effective April 25, 2021, concurrent with the company’s new fiscal year. She will […]
MCKINNEY, Texas, Feb. 18, 2021 /PRNewswire/ — For some families across the United States, quality medical care—whether for a routine checkup or a serious injury—can be hard to come by. But when a new healthcare facility for an underserved community is opened, providing a space for services is just the beginning. In addition to facilitating quality care, the experience […]
EAST GREENVILLE, Pa. – Knoll Inc. said it is well positioned for 2021 after adjusting its marketing and manufacturing strategies to meet the needs of post-pandemic hybrid workplaces. Knoll, ranked No. 14 in the FDMC 300, reported net earnings of $7.7 million for 2020, a precipitous drop from $59.8 million in 2019. The company’s 2020 sales totaled […]
EAST GREENVILLE, Pa., Feb. 16, 2021 (GLOBE NEWSWIRE) — Knoll, Inc. (NYSE: KNL), a constellation of design-driven brands and people, working together with clients in person and digitally to create inspired modern interiors for workplaces and homes, today announced the appointment of Esohe Omoruyi as Executive Vice President of Consumer & Digital Commerce, reporting to Andrew […]
For the large West Michigan-based office furniture manufacturers, remote working was a familiar concept and a demand they were prepared to fulfill. While names like Steelcase Inc., Herman Miller Inc. and Haworth Inc. were keeping an eye on the transition to higher percentages of remote workers, the COVID-19 pandemic and ensuing mass exodus from traditional offices lurched that evolution […]
The La-Z-Boy Foundation has increased its campaign contribution to the United Way of Monroe/Lenawee Counties; with this year’s donation to be $100,000. This is in support of the 2020-21 United Way annual fundraising campaign, with the money meant to help the agency and its partners manage increased needs relating to the COVID-19 pandemic.
Kimball International Inc. (KBAL) had a good day on the market for Friday February 12 as shares jumped 3.23% to close at $11.84. About 371,420 shares traded hands on 3,542 trades for the day, compared with an average daily volume of n/a shares out of a total float of 36.88 million. After opening the trading day […]
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