Steelcase Inc. Sees Decrease in Holdings by Versor Investments LP Amid Impressive Earnings and Director’s Insider Selling

17 April, 2023

Steelcase Inc. (NYSE:SCS) has recently had a decrease in holdings by Versor Investments LP, which sold 34.9% of its shares during the fourth quarter. This move has resulted in the fund owning 42,100 shares of SCS’s stock worth $298,000 as stated in the most recent Form 13F filing with the U.S Securities and Exchange Commission (SEC).

Online furniture store OfficeBase provides elegant and classy office furniture

14 April, 2023

OfficeBase helps businesses elevate their office space with its sleek and contemporary furniture.

From providing top-of-the-line products to offering office space planning and design services, OfficeBase helps companies achieve their desired image.

About the Company

OfficeBase is an office furniture designing and manufacturing company based in Dubai, United Arab Emirates. Their skilled designers and professional architects provide an extensive line of chic and contemporary furniture pieces.

 

STEELCASE INC Management’s Discussion and Analysis of Financial Condition and Results of Operations: (form 10-K)

14 April, 2023

The following review of our financial condition and results of operations should be read in conjunction with our consolidated financial statements and accompanying notes thereto included elsewhere within this Report.

MILLERKNOLL, INC. : Management’s Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q)

12 April, 2023

The following is management's discussion and analysis of certain significant
factors that affected the Company's financial condition, earnings and cash flows
during the periods included in the accompanying Condensed Consolidated Financial
Statements and should be read in conjunction with the Company's Annual Report on
Form 10-K for the fiscal year ended May 28, 2022. References to "Notes" are to
the footnotes included in the accompanying Condensed Consolidated Financial
Statements.

CT commercial furniture company acquired by Boston firm

11 April, 2023

Hartford-based De Clercq Office Group, a commercial furniture company, has been acquired by a Boston firm in the same industry, the companies announced this month.

Creative Office Resources, a Boston-based commercial furniture dealer, closed on an acquisition of De Clercq Office Group on April 4. Prior to the acquisition, both companies were considered two of the larger certified dealers of commercial and home furniture brand MillerKnoll in North America.

Louisiana State Employees Retirement System Increases Holdings in MillerKnoll, Inc. by 77.7%: Impressive Q1 2023 Results and Growth Prospects

9 April, 2023

On April 9, 2023, financial markets buzzed with news of Louisiana State Employees Retirement System’s decision to increase their holdings in MillerKnoll, Inc. by a staggering 77.7%. As per the company’s SEC filing, the fund had acquired an additional 15,700 shares during Q4 2022, bringing their total stake to 35,900 shares worth approximately $754,000.

Teknion’s New Collaboration Hub is Set for Gurugram Launch

6 April, 2023

GURUGRAM, India, April 5, 2023 /PRNewswire/ — Teknion Corporation is set to unveil its latest collaboration hub in the bustling business district of Gurugram on April 6 and 7, 2023.

The 6000 sq. ft. hub is set to house a family of brands: Teknion, Studio TK, and Luum Textiles, with an aim to provide visitors with a first-hand experience of Teknion’s state-of-the-art workspace solutions. The collaboration hub will feature an open layout comprising several workspace solutions that are aligned with the latest workplace trends. “Social collaborative workspace solutions are a key focus for us especially with the rise of hybrid work styles,” says Saiful Anuar, Director of Marketing and Customer Solutions.

Bisley founder passes away

5 April, 2023

It is with great sadness that Bisley announces the passing of its Chairman and owner Anthony ‘Tony’ Brown, aged 86, on 4 April.

Tony began working at Bisley in 1960 and acquired the company from his father in 1970. At the time, the business had 45 staff members and annual sales of £370,000 ($400,000). Today, it generates annual revenue of around £70 million and exports its products to more than 75 countries.

High-end Italian furniture brand joins Haworth Lifestyle Design

05 April, 2023

High-end furniture designer and maker Cassina, part of Haworth Lifestyle Design, has reached an agreement to acquire Zanotta, an historic, high-end Italian furniture designer and maker.

Cassina will coordinate Zanotta’s activities and future development plan.

 

Amid tech downsizing, Bay Area firm helps give office furniture a new home

4 April, 2023

SAN FRANCISCO – As tech companies continue to layoff tens of thousands of workers and downsize their office space, there’s a glut of office furniture left behind.

Reseat.com, an office furniture reselling business based in San Jose, is helping companies find an environmentally-friendly solution.

A San Francisco company just gave Reseat founder Brandi Susewitz dozens of office chairs for free.  She often gets hundreds. As companies downsize and say goodbye to office space, Susewitz inks contract after contract, to either sell, donate, or throw away most of their furnishings.