La-Z-Boy announces tie-in with The Garfield Movie

Tuesday, 16 May 2024

La-Z-Boy has announced a “purr-fect collaboration” as it joins forces with world-famous feline, Garfield.

Throughout the promotional period for Columbia Pictures/Alcon Entertainment’s The Garfield Movie, La-Z-Boy will debut a La-Z-Cat moniker based on Garfield and its logo.

Systemcenter Expands into Alaska with Office Furniture Showroom

Wednesday, 15 May 2024

Office furniture dealer Systemcenter is opening a new showroom in Anchorage, becoming the exclusive dealer in Alaska of Haworth seating, tables, cabinets, and storage solutions.

Office furniture manufacturer to begin shutdown, laying off 117 Michigan workers

Tuesday, 14 May 2024

HOLLAND, Mich. – Workplace furniture manufacturer Fellowes Brands is set to begin shutting down and laying off workers at its Trendway furniture plant, a decision announced in February.

Fellowes will begin laying off 117 workers later this month, with layoffs concluding Oct. 10, according to a company letter to the state of Michigan.

KOAS launches sleek, modern office furniture brand

Tuesday, 14 May 2024

South Korean furniture manufacturer KOAS Co. announced that it officially launched its new brand Space in April 2024. The brand allows customers to design their working spaces with a minimalist vibe.

Flexsteel auctioning assets from its shuttered Dublin plant

Tuesday, 14 May 2024

DUBUQUE, Iowa — Auction house Heritage Global Partners, in partnership with Integra Asset Solutions, announced that they were conducting an online auction featuring woodworking and furniture manufacturing equipment from Flexsteel Industries’ Dublin, Georgia, plant that was closed earlier this year.

La-Z-Boy Incorporated Declares Quarterly Dividend

Thursday, 2 May 2024

MONROE, Mich., May 01, 2024 — La-Z-Boy Incorporated (NYSE: LZB), a global leader in the manufacture and retail of residential furniture, today declared a quarterly cash dividend on the company’s common stock of $0.20 per share. The dividend will be paid on June 14, 2024 to shareholders of record as of June 4, 2024.

 

Steelcase teams with another top esports organization

Wednesday, 1 May 2024

GRAND RAPIDS, Mich. – Office and contract furniture giant Steelcase has teamed up with Fnatic, a U.K.-based esports group and one of the largest competitive gaming organizations in the world. This marks the company’s second esports partnership in a year.

Flexsteel to Appoint Derek P. Schmidt as President and CEO

Monday, 29 April 2024

DUBUQUE, Iowa, April 29, 2024Flexsteel Industries, Inc. (NASDAQ:FLXSN), announces the appointment of Derek P. Schmidt to the position of President and Chief Executive Officer effective July 1, 2024. Mr. Schmidt will succeed Jerald K. Dittmer who has announced his resignation from the position of Chief Executive Officer effective June 30, 2024, and retirement from Flexsteel on December 31, 2024.

Flexsteel Industries, Inc. Reports Strong Fiscal Third Quarter 2024 Results: 8% Sales Growth, Improved Operating Margin, Continued Debt Reduction

Monday, 29 April 2024

DUBUQUE, Iowa–Flexsteel Industries, Inc. (NASDAQ: FLXS) (“Flexsteel” or the “Company”), one of the largest manufacturers, importers, and marketers of residential furniture products in the United States, today reported third quarter fiscal 2024 results.

Kimball acquisition continues to bolster HNI’s earnings in Q1

Monday, 29 April 2024

MUSCATINE, Iowa – Office and contract furniture giant HNI reported $588 million in first quarter sales, a 22.7% increase over the same period last year. Just like last quarter, however, it should be noted a bulk of this increase is due to HNI’s purchase of competing contract furniture giant Kimball in March of last year. When looking at organic sales without Kimball, sales fell 8.1%.