Entries by jsa

MillerKnoll reports decline in Q3 sales; reduces workforce

ZEELAND, Mich. – Office and contract furniture giant MillerKnoll reported $872.3 million in third quarter net sales, an 11.4% decline from last year. Last quarter, the company also reported an 11% decline. Sales decreased across all three of the company’s segments, falling 9% in America contract, 10.4% in international contract and 17% in global retail. Orders […]

Office furniture store owner eyes expansion

Israel Guerrero, owner of Continuum Office Environments LLC, is considering adding an additional location for his office furniture store. After earning $1.4 million in revenue in 2023 and adding two more employees, Continuum has outgrown its 13,000-square-foot facility at 720 N. Fancher, north of the Franz Bakery Outlet and south of Broadway Avenue in Spokane Valley. […]

Flexsteel Announces Blue Ribbon Product Launches at High Point April Market

Flexsteel Industries is set to debut its Blue Ribbon product launches at the April 2024 High Point Market. This initiative is part of Flexsteel’s dedication to providing products designed to attract customers and support retailer sales with quality design and craftsmanship. The Blue Ribbon initiative is a strategic approach aimed at improving demand and profitability […]

Steelcase reports weaker Q4, but with growth coming from large corporations

GRAND RAPIDS, Mich. – Office and contract furniture giant Steelcase reported fourth quarter revenue of $775.2 million, a 3% decline from the same quarter last year. Revenue declined 2% in the Americas,  which once again the company attributed to a lower order backlog. Internationally, revenue fell 6% and was seen across most markets. The company attributed macroeconomic […]

Haworth to tap furniture demand in tier II cities

CHENNAI: US-headquartered global workspace solutions company Haworth is looking to tap the growing demand for furniture from office space in tier II cities in India. The company will be groundbreaking for its second plant near Chennai to double its current production capacity of one lakh chairs per year in the country. The facility is being set up at Sriperumbudur […]

Bisley Acquires Stake in Sustainable Furniture Brand

Newport-based furniture manufacturer Bisley has made a significant investment in MARK Product, a sustainably-led furniture brand based in Cornwall. MARK, which stands for Made And Realised in Kernow – ‘Cornwall’ in the Cornish language – is led by designers and founders Anna Hart and John Miller, and the brand has become a favourite among specialised […]