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Furniture maker Herman Miller Inc. isn’t sure when its corporate customers will reopen offices or when they would place orders for new furniture and other office equipment needed for a workspace reconfigured in keeping with coronavirus guidelines. That is a challenge for its Chief Financial Officer Jeffrey Stutz. Mr. Stutz is preparing for a rush of orders from […]
As you may have guessed, 2020 hasn’t been the best year for makers of office furniture. With some employers now cautiously returning portions of their workforce to the office, the furniture suppliers who want to help them navigate the evolving look of the workplace are largely still waiting for those orders to start coming in. That’s placed companies like […]
The U.S. wood office furniture market rose to $3.9 billion in 2019, increasing by 2.4 percent over the previous year, according to a report from IndexBox. This figure reflects the total revenues of producers and importers, excluding logistics costs, retail marketing costs, and retailers’ margins, included in the final consumer price. IndexBox published a new […]
Surrey, UK — (SBWIRE) — MBM Omega, a leading provider of high-quality workplace services, offers office interior and design services to companies across the UK. By thinking intelligently about a design scheme, their qualified designers can help create a design that fosters a positive workplace culture, attracts and retains talented employees, improves working practices, and strengthens brand […]
In yesterday’s quarterly earnings conference call, Steelcase CEO Jim Keane provided some useful insights into how his company is thinking about the evolution of the workplace and the prospects of an economic recovery.
WeWork is selling a majority stake in its China business as the co-working giant continues to pare down its expenses, the company said Wednesday. Trustbridge Partners, an existing investor in WeWork’s China subsidiary, has invested an additional $200 million and now owns more than half of the business, WeWork said. WeWork parent We Co. is giving […]
What will the post-Covid workplace look like? Steelcase is one of the largest manufacturers of office furniture — desks, chairs, storage products and office pods — and they have a lot of ideas. They are partnering with MIT to better understand how air circulates in an office environment.
COVINGTON, Ga. — Commissioner-elect Alana Sanders and some area companies and nonprofits helped Newton County families by donating equipment needed to help students learn virtually from home. The event featured a giveaway of office equipment and other items. Hundreds of residents took advantage Saturday, Sept. 12, at the Newton County Sheriff’s Office’s Westside Precinct. Among the […]
VANCOUVER — Staff working for the City of Vancouver spent more than $300,000 on office furniture between January and May, a period that coincided with the start of the COVID-19 pandemic and dire warnings from Mayor Kennedy Stewart about the city’s finances. The $316,800 worth of furniture was purchased as part of a $2.6 million […]
Shares of Herman Miller <MLHR.O> soared 34% on Thursday after the office chair seller posted blowout quarterly results and joined an expanding list of companies reinstating their dividends as they become more confident about recovering from the coronavirus. Herman Miller late on Wednesday reported revenue and earnings far above analysts’ expectations, with sales from its […]
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