‘Lazy’ campaign adding plenty of perk to La-Z-Boy’s retail business

Sunday, 14 April 2024

HIGH POINT — It’s been eight months since furniture maker and Top 100 retailer La-Z-Boy rolled out its “Long Live the Lazy” campaign. And it’s not feeling the least bit restless.

In fact, officials are just starting to get good and comfy.

Rob Sundy, chief commercial officer for the Monroe, Mich.-based brand, said in the first eight months of Long Live the Lazy, there’s been a lot to like.

Virco Reports Full Year Revenue Increased 16.5% to $269.1 million, delivering 32.4% growth in Net Income

Friday, 12 April 2024

TORRANCE, Calif., April 12, 2024 — Virco Mfg. Corporation (NASDAQ: VIRC), the leading manufacturer and supplier of moveable furniture and equipment for educational environments in the United States, today reported financial results for the fourth quarter and full fiscal year ended January 31, 2024.

MillerKnoll Honored with Disability Matters Award

Sunday, 10 April 2024

ZEELAND, Mich.April 10, 2024MillerKnoll, a collective of dynamic design brands, received the 2024 Disability Matters North America Award. Presented annually by Springboard Consulting LLC, the award honors companies for their innovative programs and successful strategies related to outreach, recruitment, engagement, and retention of candidates, employees, and customers with disabilities. Previous winners of this award include Guardian Life Insurance, Colgate-Palmolive Company, and Kohl’s.

Historic Indiana Furniture factory to be converted into apartments

Saturday, 6 April 2024

JASPER, Ind. – Developers plan to convert a 119-year-old building that formerly housed Indiana Furniture’s manufacturing operations into an affordable multi-use housing complex.

According to the Dubois County Free Press, Krempp Construction, and Flaherty & Collins propose transforming the historic four-story building into 147 one- and two-bedroom apartments that would rent between $400 and $950 a month. The project’s cost is estimated at $40 million.

Manufacturing awards: More than just office furniture, AIS builds a beacon of belonging

Monday, 1 April 2024

As the post-COVID workforce shortages continue, as they have in the manufacturing industry for decades, Leominster office furniture and fixtures manufacturer AIS has baked workforce development and productivity efforts into its culture, part of an overall philosophy of striving to be a beacon of belonging for its employees.

Flexsteel heads to High Point with enhanced marketing program for key products

Monday, 1 April 2024

DUBUEQUE, Iowa — Flexsteel Inds. is gearing up for the April 13-17 High Point Market with a new marketing initiative to enhance demand and profitability for retailers. The company’s Blue Ribbon Product launches include upgraded content and point-of-sale materials, with functions to ensure stock availability for the items it features.

MillerKnoll reports decline in Q3 sales; reduces workforce

Thursday, 28 March 2024

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 for the quarter also fell, dropping 6.2% from last year.

Office furniture store owner eyes expansion

Sunday, 28 March 2024

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

Thursday, 21 March 2024

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 for retailers. Flexsteel’s commitment includes offering comprehensive marketing content, ensuring product availability, and delivering excellent customer service to ensure the success of these products in retail spaces.

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

Thursday, 21 March 2024

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 factors for its international decline.