GRAND RAPIDS, Mich. – Although posting a decline in revenue, Steelcase’s second quarter earnings were well ahead of expectations, causing its share price to surge 19%.
GRAND RAPIDS, Mich. — Steelcase’s second quarter results, announced Sept. 19, drew praise such as steller and soar from stock analysts. Second quarter earnings were up, and the future outlook looks bright with many companies releasing “return-to-office mandates, and we’re optimistic that our demand levels will improve as customers seek our help to evolve their workplaces to engage, connect, and work better for their employees.”
ZEELAND, Mich. — A collection of 100 vintage pieces produced throughout Herman Miller’s 100-year history are being made available through a collaboration with New York auction house Wright.
CHENNAI, India – Office furniture giant Haworth plans to invest $10 million in a second India manufacturing plant, bringing its total space in the country to 113,000 square feet.
ZEELAND, Mich. — Top 100 retailer MillerKnoll is charting new territory with its Dallas showroom.
Located at 2811 McKinney Avenue, the MillerKnoll showroom is the company’s first space to combine both the Knoll and Herman Miller brands. In addition to these presentations, the showroom will present brand expressions from DatesWeiser, FilzFelt, Geiger, Hay, Muuto and NaughtOne. The space will also feature products from Knoll Textiles, Edelman, Maharam and Spinneybeck.
DUBUQUE, Iowa – Although year-over-year sales were down sharply in Q4, improved operating margins helped push profit back into the black for Flexsteel Industries.
CHICAGO – Allsteel’s state-of-the-art Experience Center located on the 3rd floor of 345 N. Morgan St. in Chicago has achieved LEED Gold certification, solidifying its position among a select group of sustainable and forward-thinking buildings.
The company says that the recognition “underscores Allsteel’s commitment to environmental responsibility, innovation, and dedication to fostering a greener future.”
“Everything starts with a business challenge as opposed to a technological challenge,” said Jorge Calvachi. “This iconic brand is almost a hundred years old, but they have never, ever had a consumer insights function.”
Calvachi was hired about eighteen months ago as director of insights to fix that. He also calls himself an “insights rainmaker.” La-Z-Boy’s success, he said, “has been driven mostly by great quality and durability, but the competition is basically catching up. The new competitive advantage in any industry — but specifically here — is about consumer-centricity. How well do you know the consumer?”
Promotion: ergonomic furniture brand Humanscale has updated some of its classic task and conference chair designs for the Meeting Collection, which focuses on flexible seating to suit a range of uses and users.
NEOSHO, Mo. — A Southwest Missouri manufacturer cuts the ribbon on a thirty-million-dollar renovation project.
Officials with La-Z-Boy in Neosho officially opened the new expansion at a ceremony this afternoon.
The facility offers a new cafeteria and health clinic for employees, along with additional offices and upgraded infrastructure.
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