MONROE, Mich. — La-Z-Boy Inc. has completed its previously announced asset acquisition of the Seattle business that operated six independently owned La-Z-Boy Furniture Galleries stores, with approximately $30 million in annual retail volume in calendar 2019, and one warehouse.
Terms of the transaction, the result of the planned retirement of independent dealers, Chris and Lisa Washko, were not disclosed.
Canadians should brace for a shortage of office furniture, such as desks and chairs, as people continue to study and work from home this fall.
Ikea Canada spokeswoman Kristin Newbigging says the company has seen an increase in demand for office furnishings and other gear needed for work-from-home setups.
This comes as a looming second wave of COVID-19 means many Canadians are not returning to the office or school just yet.
At the same time, she says the company is experiencing the impacts of overseas suppliers still being closed for business, making it hard to meet demand.
The chief financial officer at Haworth is retiring after 15 years of leadership and will be replaced by a longtime colleague.
The Holland-based furniture manufacturer said Wednesday that John Mooney is retiring in December and will be succeeded by Scott Poulton, a 21-year Haworth veteran.
It appears that the 96 year-old department store JCPenney is about to emerge from Chapter 11 bankruptcy.
U.S. mall owners Simon Property Group and Brookfield Property Partners are close to finalizing an $800 million deal that would buy the struggling retailer out of bankruptcy, according to a report by CNBC. The deal would save about 70,000 jobs, along with 650 JCPenney stores from liquidating and shuttering, the report said.
Over the remaining months of 2020, worldwide office furniture manufacturer Haworth Inc. will undergo a major transition within its financial leadership team.
Chief Financial Officer John Mooney announced over the summer that he would be retiring at the end of the year. Haworth recently announced that it appointed Scott Poulton to succeed Mooney as CFO.
NEOSHO, Mo. — La-Z-Boy is hiring up to 125 workers for its plant in Neosho.
The employer — one of the largest in the area, with 815 workers currently — announced the hiring plans following an uptick in sales.
“Since furniture retailers reopened and our plants restarted operations, we are experiencing stronger-than-expected demand and have been ramping up production to meet that demand and service our customers,” said Bill Snow, vice president of La-Z-Boy Residential, in a recent email to the Globe. “As we increase production, we are looking to hire approximately 125 additional plant workers.
KI’s Central London HQ & showroom has been refreshed with the newest product displays and work settings, which for the first time can be viewed online via a virtual showroom tour. Whilst the space is open and receiving visitors, this new interactive, self-guided tour is particularly helpful in the current climate of restricted travel and social distancing concerns. With a few clicks on the KI Europe website, you can visit the office and showroom anytime and anywhere – you can even walk around the showroom using a VR headset. Whether you are refreshing your memory of a recent visit or viewing the space for the first time, this is a great way to preview KI furniture in situ.
President Trump stopped to view damage at B&L Office Furniture, 1101 60th St., last Tuesday during his visit to Kenosha. The store sustained between $1.5 million and $2 million in damage in the aftermath of the police-involved shooting of Jacob Blake on Aug. 23 and the civil unrest that followed. Here are scenes from damage to the 42-year family business.
Eakes Office Solutions, a provider of business products and solutions, is celebrating their 75th anniversary this year. Founded in 1945 by Howard Eakes, the company has grown from two employees in Grand Island, Nebraska, to over 250 employees spanning 13 locations across Nebraska.
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