DUBUQUE, Iowa, October 10, 2023–(BUSINESS WIRE)–Flexsteel Industries, Inc. (NASDAQ:FLXS), announced that long-time board member Mary C. Bottie has declared her plan to resign following the December 2023 board meeting.
Flexsteel Industries reported that to celebrate 130 years of innovation; it will feature three new product lines at the fall High Point Market: Zecliner, Flex, and Sky.
A company spokesperson noted that “since its founding in 1893, Flexsteel has consistently evolved and grown to meet the changing needs of consumers, establishing itself as a trusted name in furniture. We have continually offered cutting-edge features and materials by embracing technological advancements and investing in research and development. A hallmark of Flexsteel’s 130-year history was the development of the Blue Steel Spring™ in 1920, an instant brand staple.
Austin, TX. October 2023 — RUT makes the commute into the office well worth it. Scandinavian Spaces has added the modular system to its curated contract furniture collection to deliver flexibility and comfort to the North American market. Lines are blurring between the home office and the office home, and RUT bridges the gap.
The Grand Rapids venture capital fund that invests in minority-owned businesses has received another $500,000 investment, a week after landing the same amount from a Southeast Michigan company.
The Steelcase Foundation’s investment brings the amount of capital the New Community Transformation Fund raised since forming in 2020 to $11.85 million.
The offices of the future are being designed today with a primary focus on people’s well-being. Flexible work, social interactions, and a connection with nature will also be important from now on. A profound change is taking place, including an evolution of office furniture. Spanish brand Andreu World has analysed these evolving requirements in order to provide the best circular economy strategies in design, as well as equipment solutions oriented towards its users’ health.
Martin Furniture, a global manufacturer of Office and Entertainment furniture solutions announced their expansion of Media and Entertainment with Fireplace Consoles. The new products will be on display at High Point Fall Market, October 14th-18th in Market on the Green, Showroom #303.
HNI Corp. shares closed 0.8% higher than its previous 52 week high, giving the company a market cap of $1B. The stock is currently up 28.2% year-to-date, up 33.1% over the past 12 months, and up 0.5% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 rose 0.5%.
RICHMOND HILL, ON, Oct. 5, 2023 /CNW/ – In celebration of World Teachers Day, Staples Canada has announced the winners of its We Love Teachers contest. According to a recent survey conducted by Angus Reid, nearly all teachers spend out of pocket for classroom supplies, with a spend that ranges from $300 to $500. To help fill that gap, the contest recognizes teachers with supplies from Staples and gift card from Reitmans or RW&CO.
Lauren Brenzy has been appointed as Senior Brand Marketing Manager for Flexsteel Industries to ensure a strong market position and meet established growth objectives across all channels.
The average one-year price target for Virco Manufacturing (NASDAQ:VIRC) has been revised to 12.24 / share. This is an increase of 20.00% from the prior estimate of 10.20 dated August 31, 2023.
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