Grand Rapids, MI –BIFMA announces the election of new industry leaders to its Board of Directors. Kristie Juster, Chief Executive Officer at Kimball International, and Matt Schad, CEO of Nucraft Furniture Company, were elected at the May meeting of the Board.
WASHINGTON – Office furniture manufacturer HON has recalled more than 13,000 chairs due to a fall hazard.
According to a recall notice from the Consumer Product Safety Commission, the chairs’ back can break, creating the potential for injury to the user.
THE LATEST victim of the coronavirus is an established East Lancashire business which has been operating in the county for almost 30 years.
Bosses at Mercol Office Furniture in Darwen announced the company was to cease trading in a letter to staff, saying that the pandemic has taken a ‘significant’ toll on the business.
A lot of U.S.companies have had near-death experiences in recent months. Among them is Branch, a 1.5-year-old, venture-backed New York-based startup that sells what it calls “exceptional office furniture, at half the price” — and which nearly went kaput because of the pandemic.
After generating roughly $800,000 in revenue in the first weeks of March, that number promptly fell to zero as people were asked to leave their offices and head home.
Annual Meeting of Shareholders Announced
Steelcase Inc. (NYSE: SCS) will webcast a discussion of its first-quarter fiscal year 2021 financial results on Wednesday, July 1, 2020 at 8:30 a.m. ET. A link to the webcast will be available at http://ir.steelcase.com and a replay of the webcast will be available shortly after the call concludes. The news release detailing the financial results will be issued the previous day, June 30, 2020, after the market closes.
Key insight:
Furniture rental subscription service Fernish has seen home office furniture rentals at the company more than triple as of May 16, year-over-year as many Americans continue to work from home.
A service like Fernish may make a lot of sense for people that began working from home on a temporary basis. That’s because furniture rental contracts can be structured to be as short as three months with an option to swap items in and out and to add new things along the way, as well as to renew at the end of the period.
HIGH POINT — A need to work, and study, at home during the COVID-19 pandemic is leading to a spike in home office furniture sales that resources are hoping turns into a long-term trend for the category.
Indeed, sales have picked up in the past two months, particularly via e-commerce channels. Officials are hoping those sales not only continue, but also pick up with the reopening of brick-and-mortar stores.
HNI Corporation (NYSE: HNI) today provided updates on its response to the ongoing COVID-19 pandemic crisis, recent order trends, and debt level. The Corporation also announced its participation in multiple upcoming virtual investor events and introduced a new investor presentation.
Pandemic Response Update
“Our teams remain focused on protecting the health of our members while effectively managing the business in these challenging conditions. We have been able to remain open at our major facilities and meet customer needs. I would like to recognize our dedicated members, who embody the HNI spirit in these most challenging circumstances, and who have remained committed to each other, our communities, and our customers.
If your home office needs a little bit of sprucing up, you might want to see if Google is hiring.
Google CEO Sundar Pichai announced in a blog post the tech giant would give “each Googler an allowance of $1,000 USD, or the equivalent value in your country, to expense necessary equipment and office furniture,” as the company’s employees largely work from home during the coronavirus pandemic.
A Google spokesperson clarified Pichai’s comments, noting the money could be used for ergonomic chairs or a desk. The spokesperson declined to comment on how the money would be doled out to employees.
Newport-based office equipment manufacurer Bisley has restarted work at its factory in Caswell Way on the Reevesland Industrial Estate.
The firm, like many businesses, has been affected due to Covid-19 and the government’s announcement for all non-essential businesses to close or to work from home over the last nine weeks.
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