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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 […]
CHICAGO — Home furnishings design company Herman Miller has opened a new five-story standalone location in Chicago’s Fulton Market that brings its family of eight brands together under one roof in a new retail, showroom and exhibition space.
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.
HOLLAND — Year-end results and a new partnership have been announced at Holland-based Haworth. In early March, a joint statement announced a strategic partnership between Haworth, the world’s third-largest office furniture supplier and a major Holland employer, and Danish furniture design brand BoConcept.
Pent up demand and a more permanent shift in working habits following COVID-19 is due to drive the home office market in 2021, despite a decline in demand last year. According to AMA Research, COVID-19 has had a serious impact on the home office furniture market in 2020. Despite a move to homeworking, demand for […]
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.
HOLLAND — While furniture maker Haworth Inc. absorbed an expected hit to sales in 2020 because of the COVID-19 pandemic, the company cited its diversification as a way of easing the blow. The Holland-based privately held and family-owned company recently released figures for global sales in 2020. Haworthfinished the pandemic-consumed year with $1.81 billion in sales, which […]
You could call it consultative selling without the selling. Mid-City Office Furniture spent most of 2020 fielding an abundant number of inquiries about office equipment, but much of those had to do with shrinking office space, installing protective equipment or dealing with furniture rapidly deteriorating from caustic and frequent scrubbing.
HOLLAND, MI — Furniture manufacturer Haworth reported global sales of $1.81 billion in 2020, a 19% drop from the previous year. Despite the loss, the Holland-based company says its performance was “better than expected.” It credited efforts to diversify its product offerings. “Haworth responded to the events of 2020 by leveraging our differentiation and global […]
ZEELAND — Office furniture maker Herman Miller Inc. continues to feel the sting as office workers stay home because of the COVID-19 pandemic. In reporting its 2021 fiscal year results for its third quarter that ended Feb. 27, the company said it generated $590.5 million in sales for the three-month period, down 11.3 percent from the same […]
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