Steelcase Named One of the World’s Most Admired Companies by FORTUNE®

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3 February, 2023

GRAND RAPIDS, Mich., Feb. 03, 2023 (GLOBE NEWSWIRE) — Steelcase (NYSE: SCS) has been named among the world’s leading brands on the FORTUNE® 2023 World’s Most Admired Companies list for the 17th year, recognized as fourth in the Home Equipment and Furnishings category.

Businesses featured on the Most Admired List, such as JPMorgan Chase, Walt Disney, Microsoft and Starbucks, are rated by executives, directors and analysts in their respective industries based on nine criteria, including investment value, quality of management and products, social responsibility, people management and ability to attract talent. A company’s score must rank in the top half of its industry survey to be included on the list.

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MillerKnoll, Inc. (NASDAQ:MLKN) Shares Sold by Retirement Systems of Alabama

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2 February, 2023

Retirement Systems of Alabama lessened its holdings in shares of MillerKnoll, Inc. (NASDAQ:MLKN) by 0.6% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 99,293 shares of the company’s stock after selling 552 shares during the quarter. Retirement Systems of Alabama owned 0.13% of MillerKnoll worth $1,549,000 at the end of the most recent quarter.

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LSV Asset Management buys 76,800 La-Z-Boy Incorporated shares (NYSE:LZB)

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2 February, 2023

According to the most recent filing that the company made with the SEC, LSV Asset Management increased its holdings in La-Z-Boy Incorporated (NYSE: LZB) during the third quarter.

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Vincent P. Berger Sells 2,150 Shares of HNI Co. (NYSE:HNI) Stock

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31 January, 2023

HNI Co. (NYSE:HNI) EVP Vincent P. Berger sold 2,150 shares of HNI stock in a transaction dated Thursday, February 2nd. The stock was sold at an average price of $32.24, for a total value of $69,316.00. Following the completion of the transaction, the executive vice president now owns 63,298 shares in the company, valued at $2,040,727.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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Pew Robert C Iii Updates Holdings in Steelcase (SCS)

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30 January, 2023

Fintel reports that Pew Robert C Iii has filed a 13G/A form with the SEC disclosing ownership of 5.13MM shares of Steelcase Inc. (SCS). This represents 5.3% of the company.

In their previous filing dated January 24, 2022 they reported 5.11MM shares and 5.60% of the company, an increase in shares of 0.29% and a decrease in total ownership of 0.30% (calculated as current – previous percent ownership).

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DALAMI Revamps its Offering to Luxury Office Furniture

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30 January, 2023

DALAMI, a Florida-based company offering curated high-end consumer furniture, is evolving to create innovative workspaces that optimize productivity and encourage collaboration. This transition to luxury office furniture reflects the company’s continued growth and commitment to meeting the changing needs of the furniture industry.

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HNI Co. (NYSE:HNI) Shares Bought by Allspring Global Investments Holdings LLC

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30 January, 2023

Allspring Global Investments Holdings LLC grew its stake in shares of HNI Co. (NYSE:HNI) by 32.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 3,664 shares of the business services provider’s stock after acquiring an additional 900 shares during the period. Allspring Global Investments Holdings LLC’s holdings in HNI were worth $97,000 at the end of the most recent reporting period.

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GSA Creates ‘Innovation Lab’ for Future Workplace Designs

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30 January, 2023

The GSA is promoting its newly opened “Innovation Lab” at its headquarters building, a pilot coworking space that “showcases the latest innovations in office design, furniture, and technology to meet the needs of today’s hybrid federal workers.”

“The lab lets your agency try new technology and furniture options from multiple vendors before purchasing. Technology includes products that enhance your employees’ hybrid experience, promote health and wellness, and support the federal government’s commitment toward a net zero carbon emissions operation,” GSA said.

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Administrators to sell assets as office furniture maker collapses

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27 January, 2023

Bluespot Furniture, a West Yorkshire-based furniture manufacturer, has ceased trading and appointed administrators amid a sustained decline in demand post-COVID. Joint administrators James Sleight and Oliver Collinge of PKF GM will now seek to sell the firm’s remaining assets.

In the company’s latest accounts, for the year ending September 30 2021, it had around £588,000 in fixed assets, with current assets valued at £814,544. At the time, the company’s total liabilities stood at £104,178.

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Flexsteel answers the ‘Voice of the Customer’ with big retail push

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25 January, 2023

DUBUQUE, Iowa — Flexsteel Industries recently announced several investments aimed at accelerating their growth within the independent retail channel.

“Flexsteel’s been around for almost 130 years, and the investments we’re making now will ensure our continued success moving forward, ” said Jerry Dittmer, Flexsteel president and CEO.

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